Things to Avoid When Getting a Divorce
Going through a divorce is never easy. Emotions run very high and in some cases, tempers are quite short. This can make it difficult to keep a calm head, which can lead to poor decisions that may hurt you for many years to come. There are ways you can avoid this so that you are not regretting take certain actions, or inactions, throughout the process. Below, our Orlando divorce lawyer explains the most important things to avoid so you are protected.
Take On Additional Debt
Even in simple uncontested divorce cases, the process can become quite costly. To make matters worse, once your case is finalized you will have to start living on a single income rather than the two you may have had when married. You might have to leave the family home and pay rent or a mortgage on another, along with utility deposits and other costs of moving. Post-divorce, you will also likely have fewer assets, as they are divided during the process.
As soon as you decide to end your marriage, do not take on any more debt and try to reduce what you currently carry. This will make it easier for you when it is time to start your new life.
Rush the Process
Again, divorce is very difficult for everyone involved. You may find it so difficult that you are tempted to give in to your spouse’s demands simply to end the process faster. This is a mistake. Making hasty decisions now can hurt you in the future and you may come to regret them. Always speak to an attorney who can inform you of your rights and help you make informed decisions so you do not make sacrifices now that you will be sorry about later.
Forgetting About Tax Implications
Taxes impact so many facets of life, including divorce. If you keep the family home, there may be tax consequences associated with that. If retirement accounts are divided during divorce, that may also come with tax implications. Failing to consider these tax implications can have serious consequences for you in the future and so, it is important to get the legal and financial advice you need to ensure that does not happen.
Not Considering Mediation or Collaboration
Any divorce case can turn into a long and bitter courtroom battle. In many cases, though, it does not have to be this way. There are many alternative dispute resolution methods, such as collaborative law and mediation, that can help you and your spouse reach a settlement outside of court. Ask your lawyer about these options and whether they are right for you.
Proceeding Without a Divorce Lawyer in Orlando
Even if your divorce is uncontested, it is critical that you speak with an Orlando divorce lawyer. At Anderson & Ferrin, P.A., our experienced attorneys can help keep your divorce as amicable as possible, help you through the process, and ensure you receive the full and fair settlement you deserve. Call us now at 407-412-7041 or contact us online to schedule a free consultation and to learn more.
Sources:
leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0000-0099/0061/0061.html
flsenate.gov/Session/Bill/2016/0967/BillText/er/PDF