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5 Essential Steps In Your Pre-Divorce Planning

Most couples enter marriage with no intention to divorce, yet thousands of marriages dissolve every year. If you are considering divorce, it is vital to take the time to prepare for it efficiently. This will help minimize the stress and chaos of ending a marriage. Our Laguna Woods family law team wants to help make the process as smooth as possible for you and your family. We have outlined five essential steps in pre-divorce planning below.

Itemize Your Assets and Debts and Organize Your Records

You will need to make a list of all your assets and debts. This includes

  • Properties
  • Vehicles
  • Bank accounts
  • Investments
  • Retirement accounts.
  • Credit card debts
  • Student loans
  • Mortgages

You will need to gather your financial records, including tax returns, bank statements, investment accounts, and mortgage documents. You should also make copies of important family documents, such as birth certificates and marriage licenses. Having all this information organized before starting the divorce process is vital. Your lawyer will need these records to help negotiate a fair settlement for you. If you do not have all your documents, it could delay the divorce or result in an unfair settlement.

Open up your own accounts.

If you do not have your own accounts, now is the time to open them. These include a bank account, a credit card, and an investment account. Opening your own accounts will help you start to build your financial future. Opening your own accounts will help you reestablish your credit. It is also essential to get your own health insurance if you can. If you have children, ensure your health insurance plan covers them.

Be Careful of What You Share on Social Media

Social media and divorce could fill up an entire book, but for the purposes of this article, be careful with your social media accounts. Do not post anything you would not want your spouse or a judge to see. Specifically, do not post photos, status updates, or comments that may be a detriment to you in divorce court. It is also important to be careful about what you say in private messages. There is always a chance that your spouse could learn what you are saying, even if your account is set to private.

Think About How and When You Want To Ask For Divorce.

This is a difficult step, but it is crucial to think about how and when you want to ask for a divorce. It would help if you also thought about what you want to say. When you tell your spouse you want a divorce, it is often best to have a lawyer present. Having a lawyer present can help prevent any unnecessary conflict. If you have children, you should also think about what you will say to them about the divorce.

Hire an Experienced Family Law Lawyer

One of the most critical steps in pre-divorce planning is hiring an experienced family law lawyer. Your lawyer will be your advocate and guide you through the divorce process. They will help you understand your rights and options. A good lawyer will also help you focus on what is essential, such as your children and future.

Giammichele Law, APC can help you with pre-divorce planning in various ways. We can help you understand the divorce process, what to expect, and how to protect yourself and your interests. We can also help you gather the necessary financial documents and information. And, we can guide how to best communicate with your spouse during this difficult time.

If you are looking for experienced legal representation, contact us today through our website or give us a call at (949) 303-7811 to schedule your consultation today!