Pre-divorce strategic planning is a vital and imperative step for individuals contemplating or initiating divorce proceedings. It involves thoughtful preparation, fact finding and decision-making to ensure a smoother transition into the divorce process and the best results possible.
Here is what, pre-divorce strategic planning looks like:
- Meet with a seasoned Divorce Attorney to learn about:
- Your legal rights and responsibilities
- divorce options.
- Timing.
- Documents needed to understand your financial circumstances.
- What you should and should not be doing prior to initiating the divorce e.g., if you believe child custody will be an issue, STOP posting pictures of yours elf on social media partying with your friends on a regular basis, if finances are an issue and you are likely to be the payor spouse, hold off on acquiring valuable assets that in absence of a Prenuptial or Postnuptial Agreement will be considered Marital assets.
- Gather and organize financial documents, including bank statements, tax returns, property deeds, investment accounts, credit card statements and insurance documents.
- Take steps to safeguard personal and financial assets, such as updating wills, trusts, and beneficiary designations. It may also involve establishing separate bank accounts, credit cards and credit lines to protect individual finances during the divorce process.
By engaging in pre-divorce strategic planning, you WILL can enter into divorce p with a much better understanding of their rights, responsibilities, and options, ultimately facilitating a more favorable outcome and a smoother transition into the next chapter of their life.
To learn more, contact The Law Offices of Mara Bernstein, P.A.
561-910-1870 or Cathy@mbdivorce.com; www.MaraBernsteinDivorce.com