Wolf, Baldwin & Associates, P.C.

Know what you need to think about when you are divorcing

When you are going through a divorce, it is easy to be so consumed by the need to get everything over with that you are willing to say "whatever" and just get whatever you can. The fact is that doing this can harm your future so you need to make sure that you go into the process with the right attitude and with the best plan that you can.

One thing to remember is that you aren't going to get a divorce over with in a day. State laws dictate how long you have to wait from the initial filing until the divorce is finalized. You might be able to get everything handled within this time if you and your ex are able to work out a deal in mediation.

Before you make any decisions about the divorce, you need to think about what is going to happen with each option. This might take you a little time, but trying to rush to come up with a settlement for the divorce isn't a good idea. Trying to move too fast could mean that you miss something that is important.

Another point that you need to think about is that emotional decisions in these cases are almost always a bad thing. You might be tempted to think about the emotional tie that you have to the marital home or the artwork collection. Instead of focusing on these, think about how the asset might help you or harm you financially.

Your divorce is more than one single event. It is a marathon that you must be prepared for. You have to be willing to take care of yourself and be careful during the process.

Source: CBS News, "Divorce financial planning: 8 tips to get what you need in a divorce," Robert Pagliarini, accessed March 21, 2018

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