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Of course, no one ever intends to end up getting a divorce when they first get married. Life feels so bliss and many new couples feel like as long as they have each other the world is at their fingertips. Unfortunately, we know that not all marriages last forever. Although reported divorce rates vary, it’s safe to say that divorce is a common part of many people’s lives.
Many divorces happen fast and often one spouse can be surprised when he or she is served divorce papers from the other. In other cases, both parties make a conscious decision to split up after determining that divorce is in their best interest. Whatever the case, if you are about to make the decision to get a divorce, there are some things that you might want to seriously consider doing first, according to an article in Time Magazine.
One very prudent move to make if you are considering ending your marriage is to gather and organize all of your important documents, including any important financial papers, like income and expenses, bank statements, insurance policies, investment documents and any similar types of documents. This can make the entire process go much smoother.
Another important step to consider is to start the separation process immediately, especially when it comes to joint credit accounts. If you share credit cards or other credit accounts with your spouse, then it’s a good idea to either have your spouse’s name removed form the account, or freeze the account if you can’t split it up. However, don’t do this until you are ready to make your divorce intentions known.
Lastly, having enough cash is always important and in the divorce process cash flow can become even more important. That’s why it’s a good idea to start storing away cash if you can. If that’s not possible, then you can open a low-interest credit card account. The divorce process can take a while, which is why having access to some cash or at least a low-interest credit card can be very helpful until the settlement is final.
Divorce is a tough decision for just about anyone who decides to go through that process. However, by implementing some of these steps people can prepare for the journey. Another smart move to make for anyone who is about to end his or her marriage is to contact an experienced divorce attorney, like the attorney’s at The Bellinger Law Office in Fort Wayne. We can help you make the tough decisions and get through the difficult process. Call us today at 260-428-2214, or click here.
- on October 13, 2020
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