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subject: Some Important Considerations In Dealing With Divorce [print this page]


Here is a guide to legal and financial approaches for women in considering divorce. From the advice given by the Plano family attorney, if you are meditating about putting a stop to your marriage, or if you are already in the process of divorcing your spouse, the first thing to do is accept the accountability for whatever results from your divorce. For the woman, the decisions that are made today can have a big impact tomorrow, as statistics show that a woman's living standards drop by at least 30 percent after a divorce.

Instead of haphazardly going through a divorce without any knowledge of the process, there needs to be an action plan that you have to make and it helps to consult with a Plano family attorney and a quick guide to follow like the Divorce Record Keeper. This guide will enumerate a complete set of divorce considerations which will help you maintain a record of all the details and incidents of your divorce on the duration of the whole divorce process and help as a convenient reference for you.

The divorce considerations are useful in terms of protecting you especially when you begin to realize that your marriage is definitely going to end. Remember that a Plano family attorney must be present with you when your spouse has commenced divorce proceedings and has asked you to sign instruments. Also make it a point to hire the services of a separate Plano family attorney different from the attorney that your spouse is having. This way the playing field is leveled and there is fair representation for you.

A certified financial advisor may be hired in going over money considerations in divorce. With the supervision of your Plano family attorney, your financial advisor would help you in the preparation of your financial records and will advise you of the settlement areas for future concerns.

Certain suggestions are in order when you think about divorce. Firstly, avoid making large purchases that add up to your community debt and be as financially liquid as possible. Save on money as much as possible for the duration of your divorce process. Put a stop to your joint credit card accounts. Begin to segregate your financial income and put up your own individual bank account already in anticipation of the divorce.

You would also need to claim for eligibility for temporary maintenance and child support for the duration of the divorce process. Your Plano family attorney would also point out to you that child support is not taxable, any bankruptcy declaration by your spouse would not affect your child support and that the spousal support is taxable.

Remember to also take advantage of your joint medical and dental insurance before the divorce process is over. You need to check on your other insurance plans to know which ones you can utilize before the divorce process is completed.

Some Important Considerations In Dealing With Divorce

By: Sagbee C




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