Obtaining a divorce can be a complex, drawn-out process. Today, we're covering how you can prepare for your divorce so you can enhance your chances of receiving a great outcome for your case.
To schedule a consultation with our team for your divorce case, contact us online or via phone at (719) 212-4227.
Consider Your Options (& Privacy)
Generally, you have two options at the outset of a divorce: Resolve your differences with your spouse and file for an uncontested divorce, or take your divorce to court and rely on a judge to settle matters for you.
There isn't necessarily a right answer here. Filing for an uncontested divorce generally means:
- Spending less money on court and attorney's fees;
- Resolving your divorce more quickly;
- Signing a divorce agreement with your spouse detailing the terms of the divorce each party has agreed to;
- Negotiating the terms for the agreement out-of-court using a process such as mediation or collaborative law.
Alternatively, contested divorces often involve:
- Spending more time in court, including attending various hearings and a trial;
- Having the matters discussed in court go on public record;
- Spending more money on court and attorney's fees;
- Spending more time on your divorce overall.
Some couples, especially those on good terms, may prefer an uncontested divorce. For others, having the protections afforded by filing for a contested divorce in court may be more appealing. Speak with your attorney about your options and decide what works best for you.
Start Making Copies of Documents
As a rule of thumb, you want to start collecting important documents, or copies of them, as soon as you can.
The court will ask for a complete inventory of your separate and marital assets and debts - basically, every piece of property you own, and all debts you're responsible for, regardless of whether you own them with your spouse or not.
Not only can collecting this information take quite a while, but it also gives you invaluable evidence if your spouse tries to hide assets during the divorce process.
From bank accounts to tax returns to 401ks, mortgages, deeds, insurance plans, investment accounts and beyond, you'll want to work with your attorney to ensure everything is thoroughly documented. Working with an asset appraiser to ensure you know the value of all your property may also be a good idea, especially if you're expecting a contentious property division dispute.
Start Budgeting for Life Post-Divorce
Budgeting for life post-divorce can help ensure you don't leave the divorce process in debt. Common post-divorce expenses can quickly pile up, such as furnishing a new living space and rental downpayments. But if you're waiting for sales and budgeting out these expenses over time, you can get ahead of them more effectively.
Working with a Certified Public Accountant (CPA) may also be a good move. They can help you calculate exactly how much you'll have leftover after the divorce so you can budget more effectively.
At The Law Office of Greg Quimby, P.C., our attorneys are here to support you throughout the divorce process. To schedule a consultation with our team, contact us online or via phone at (719) 212-4227.