Divorces can include some real horror stories – especially those that involve expensive homes, major assets, and multiple children. Even simple divorces can turn into knock-down fights. In some cases, there is no rhyme or reason as to why the divorce proceeding turned so nasty. However, in most volatile divorce proceedings, the main culprit is the mistakes made by one or both spouses.
If you and your spouse are planning to get a divorce or have just started the proceedings, it is best to avoid certain mistakes in order to keep your divorce simple and peaceful.
1. Don’t ignore or underestimate your expenses. Finances and expenses are often a big part of every divorce. It is best to know all of your expenses and develop a realistic monthly budget. You should also consider the cost of your future living expenses.
2. Do not assume that an equal division will be a fair division of property. The value of your property is not necessarily defined by or limited to its current market value. For instance, if you have a property that generates income, it may be worth more than its market value. As such, it does not make sense to divide such a property equally because each spouse will not receive a truly equal share of the assets over time.
3. Have realistic expectations and demands. If you dive into the divorce process expecting to get everything you want, you will face a real disappointment. It will also create a lot more tension with your soon to be spouse than necessary. Making realistic demands will make the process more peaceful and less stressful for all parties involved, especially your children.
4. Do not act with emotions. Divorce proceedings are already emotional. If you are emotional during your communications or make decisions that are emotionally charged instead of logical, it can result in a more volatile divorce process.
5. Immediately separate your finances. As soon as you realize that divorce is imminent, it is best to separate your finances. This means opening separate bank accounts from your spouse, closing credit cards that you opened under both names, and separating joint loans.
Contact an Experienced Criminal Defense Attorney
To learn more about the common mistakes to avoid during the divorce process, you should call Central Valley divorce attorney Gurjit Srai. Mr. Srai has the knowledge and experience to help you successfully file for divorce.
For more information or to schedule a complimentary consultation with one of our family law attorneys, please call us at (209) 323-5558 or (559) 449-1447, or complete our online form.