Shattered dreams. Broken promises. Uncharted territories. A divorce is something no couple imagines when leaping into marriage, but unfortunately, it’s how some relationships end. During this process, tensions may be high as couples gear up to battle custody, debt, and assets, which can ultimately blur decision-making. If you are going through this, trekking through the unknown journey of divorce at a heightened emotional state can leave you open to making mistakes that hurt your best interests in court.
Our skilled divorce attorneys are here to help you understand the most common divorce blunders so that you can avoid them.
Mistake #1: Attempting a DIY Divorce
You may believe your uncoupling is amicable, which might have you considering a DIY shortcut, but some things are better left to the professionals, especially divorce. The laws behind child custody, spousal support, and property division are incredibly complex and get even more granular for specific states. Navigating the legalities on your own is challenging enough, but you also need to consider the emotional burden a DIY divorce can add.
Mistake #2: Making Oral Agreements
While it’s entirely possible for couples to end on good terms, we advise you to be cautious of taking them “for their word.” Keep agreements, especially important ones, between your attorneys who have your best interest in mind. They may promise you ownership of the vacation home, but nothing is valid unless it’s formalized in the divorce decree.
Mistake #3: Neglecting Tax Obligations
Like it or not, your separation will have tax implications, which means you need to be aware of how you’re filing your paperwork. Not only will you be switching from the “married filing jointly” or “married filing separately” to “single” or “head of household,” but you also need to consider claiming dependents, reporting alimony, selling property, and sharing retirement. The best way to avoid complications with the IRS is to consult a financial expert.
Mistake #4: Failing to Develop a Post-Divorce Plan
Whether you’re the type to make a 10-year goals list or to take things day by day, going through a divorce inevitably changes your plans. Preparing ahead at a time like this may seem impossible, but it’s a necessary part of a divorce. First, you must think about your financial future. From having less income to new debt and paying child support, it can feel like a mountain of stress. Although planning won’t relieve the monetary amount, it can help you move forward realistically.
Mistake #5: Choosing the Wrong Attorney
Asking a friend for their recommendation on their favorite restaurant is perfectly acceptable; however, asking them for their lawyer is not. Every attorney and divorce is unique, and while your friend may have had a raving experience with theirs, it may not pan out the same way for you. Why? Some attorneys specialize in child custody while others focus on spousal support, some are aggressive while others take a milder approach, and some come with costs that may be out of your budget. Don’t just go for the lawyer at the top of the Google search page or what your friend says! We recommend doing thorough research and finding someone that fits your finances, genuinely looks out for your best interests, and understands your goals over his or her bottom line. Many law offices offer free consultations, which is an excellent opportunity to find someone who meets all your requirements.
Planning to File for Divorce? We Can Help
We understand how tough this situation can be, but our experienced attorneys at the Law Office of Greg Quimby, P.C. are here to help you navigate this process with your best interests. As a father-daughter law firm, we value the importance of family, and we will do what it takes to protect your loved ones.
Call our Colorado Springs attorneys at (719) 212-4227 or contact us online to schedule an appointment for a free consultation today.