Any important decision you make in your life requires careful thought and planning. The same is true when considering to file for divorce. An experienced and compassionate divorce attorney can keep you grounded as you make plans that will no doubt impact you and your children for years to come.
Below are four important areas that you should pay close attention to when devising a divorce plan:
- Child support and child custody. If you and your spouse have children, their welfare should be a key part of your divorce plan. Your parental rights and getting support for your children are worth all your efforts to protect. A divorce will mean you will need a custody and support order.
- Spousal support. Another big part of most divorce proceedings is spousal support – especially if you are financially dependent on your spouse. You will need to be prepared to make a strong case for your need for spousal support and your spouse’s ability to pay it. An experienced divorce lawyer can help you protect your financial stability post-divorce.
- Property division. Division of property could become a major focal point in divorces after a long-term marriage or marriages that involve one or both spouses owning extensive properties. The first step toward a negotiated settlement or property division by decree is to have a detailed inventory of both spouses’ assets. The next step is to have an accurate valuation of the properties involved. Your attorney can help you arrive at a fair estimated value of your real estate, retirement funds, household goods, collectibles and other assets to be divided as part of your divorce.
- Dividing incurred debt. Although you and your spouse may come to an agreement as to who should pay debts, creditors can come after both of you. This is why it is important to have a strong divorce plan with teeth in it for enforcement if your ex-spouse fails to pay as agreed.
Executing an effective divorce plan.
It is one thing to know the key components of a divorce plan, and an entirely different thing to make it all happened as efficiently and cost-effectively as possible. This is why you need to hire an experienced attorney who can help both devise and execute a divorce plan. You and your attorney should discuss the unique factors in your case to determine how best to make this happen.
Call an Experienced Central Valley Divorce Attorney
If you are involved in a divorce proceeding or planning to file for divorce, it is in your best interest to consult with an experienced family law attorney to help you learn your legal rights and options with respect to the division of your assets.
For more information or to schedule a complimentary consultation with Stockton family law attorney Gurjit Srai, please call (209) 323-5558 or (559) 314-2796, or complete our online form.