If you can no longer make your marriage work and are now planning to file for divorce, there are some steps you will have to take to prepare for it. The divorce process can be quite complex, especially if you have substantial assets or have been married for many years, resulting in commingled property. Continue reading to learn more about how you can prepare for this process.
Getting Organized Before a Divorce
The divorce process will put you in a position where you will have to make numerous decisions that will have a profound impact on your life for many years to come. The better you prepare for it, the more satisfactory your settlement agreement will likely be.
To prepare for your divorce, you should make a list of all debts and assets, including copies of your bank statements, federal and state tax returns, brokerage accounts, retirement accounts, credit card statements, mortgage statements, and more. It is also essential to create a marital budget, so you can assess the cost of your living expenses together and estimate what your expenses will be in the aftermath of your divorce.
You should also be prepared for the emotional aspects of your divorce by seeking the support you need. Reach out to your friends and family or consider hiring a therapist to work through what you are feeling, so you can develop healthy coping mechanisms. Learning how to control your emotions will not only help you deal with this experience, but you will also be better prepared to calmly negotiate the terms of your divorce.
Lastly, it is important that you focus on the big picture. While it may be tempting to fight for every little item, not everything is worth battling over. Fighting for things that ultimately do not matter or have little significance will only cost you more in the long run, so try not to get lost in these little details out of anger or spite.
Speak to an Experienced Divorce Lawyer About Your Case Today!
The biggest step you can take when preparing for your divorce begins when you consult with an attorney. At Cynthia Tracy, Attorney at Law, P.C., our family law team is backed by more than three decades of experience and a proven history of success. You can rely on us for the strong legal guidance you need to get through this major life-altering event.
Call our law office today at (281) 612-5443 to request a case evaluation with our knowledgeable divorce attorney.