Couples facing a divorce are dealing with one of the most stressful life events. Not only can a divorce wreak havoc emotionally,it can also devastate couples financially and make it difficult to start over. When it comes to legally preparing for a divorce,finding out all the documents necessary as well as what to expect can help make the process as efficient and stress-free as possible.
One of the most time-consuming aspects of legally preparing for a divorce can be document collection. This is a step that is good to prepare for well in advance to ensure that all necessary documents can be found to avoid costly delays.
Collecting your financial records needed for a divorce will include your marriage certificate,tax records,notices of assessment,spending records,lists of debt,savings,assets,and childcare expenses. If you collect these documents yourself with plenty of time to spare,this can help get things moving along so you can move on to more complex issues such as child/spousal support and child custody.
Most often,the family home is the largest asset to divide. A discussion will have to be had between the parties to decide who,if anyone,wants to keep the home. If one person does,they will have to buy their partner out of the property. The other option is selling the home and splitting everything down the middle,unless one is more entitled to a larger share for a legal reason.
The single most important step to preparing for a divorce legally is to enlist the help of an experienced attorney. Attorneys who specialize in family law known the ins and outs of the negation and mediation process and can assist you and your partner through the process from start to finish.