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How to Prepare for Divorce

If you have decided that you want a divorce, then it is important to be properly prepared. Preparation in divorce, like most things in life, typically leads to better results. This article discusses how to prepare for both the financial and emotional aspects of divorce .

Emotional Aspects

Emotions can turn straightforward divorces into nasty and expensive battles. I always advise my clients to find a divorce therapist that they like. A good therapist will be able to help you understand your emotions and how to control them.

If you have children, it is necessary to think about the effect of divorce on the children. This includes how they will react emotionally, where they will live and the parenting schedule. It is ideal to keep the children in place during the transition and for both parents to work together to maintain normalcy. If one party is not cooperative, then it is important to create a plan and a backup plan as it relates to the children.

Financial Aspects

Divorce can be a financial drain. All of a sudden there are two sets of household and personal expenses as well as legal fees. It is imperative to think about your future assets, liabilities, income and expenses. When calculating your future finances it is important to include expected spousal or child support income and expenses. By putting together a detailed financial plan you can prepare for the effect of divorce.