Divorce is not something you planned for when you walked blissfully down the aisle. Imagine also having to manage your family and finances during this turbulent time surrounded by a pandemic. If you are thinking of divorce, now more than ever, it’s important to make good, financially sound and family-friendly decisions!
The problem is many couples do lose sight of their family and finances during a divorce. Everything gets lost in anger and frustration. I encourage clients to stay focused and to address all the important aspects of divorce. Just because the marriage didn’t work out, doesn’t mean your family and finances have to fall apart!
Divorce is not a time to think with your heart, it’s a really important time to think with your head. We can all agree that is easier said than done!
If you are thinking of divorce, I recommend you consider the following:
1. Family First:
Once you have decided to divorce, look at your children first. Always think “in the best interest of the children” as you make your divorce plans. This can include co-parenting, visitation, talking with the children, meeting with a family therapist and most importantly, reassuring them you both love them and always will. Try not to bad-mouth the other spouse. It will only hurt your child!
2. Finances:
Pay attention to your finances. Now is not the time to seek revenge or get even with one another. Be responsible about the family finances. Don’t start draining bank accounts, or racking up credit card bills. It will only come back to bite you. Don’t do something that causes you to spend thousands of dollars on divorce attorneys. You and your family will suffer financially in the end. It’s not worth it.
3. Lifestyle:
You may have grown accustomed to a certain lifestyle. Now that there will be two households instead of one, that may have to change. Time to look at your budget and make the necessary adjustments. You are already under enough stress!
4. Home:
If you own a home together, consider whether keeping it is financially in the best interest of all. Maintaining the family home when one spouse is gone can be stressful and financially difficult. If downsizing or having a tenant helps, consider it. Think creatively on how to keep your home.
5. Settlement Agreement:
It’s important to have a really well-executed settlement agreement. Make sure your attorney/mediator has included everything of importance to you. You don’t want to have to go back and forth to court. It’s stressful and costs money!
For over 35 years as a divorce attorney and mediator, I have been guiding spouses successfully to find the right path to divorce. If you need help with your divorce, I would be happy to show you all your options! Call me today!
Our FREE 1 HOUR CONSULTATIONS are very informative and conveniently conducted virtually to reduce risk!
I look forward to speaking with you.
Continue to Stay Healthy & Safe!
Warm regards,
Lois
Call Attorney Lois Brenner Now to schedule your FREE consultation!
212.734.1551
A few openings are still available for this week.