If you are unhappy in your marriage, you may be contemplating filing for divorce. If so, you’ll likely also have concerns about how filing for divorce could affect your future financial security as well as your relationship with your children.
Before you take action to file for divorce, you should make sure that you have taken the appropriate steps to protect yourself. You should also make sure that you have the information you need. One of our experienced attorneys can help.
Set up a bank account in your name
You should first make sure that you have a bank account set up in your name and ensure that you have adequate funds in it. This will help ensure that you will not get into financial difficulty if your spouse reacts badly to the filing.
Gather financial records
You’ll need to have an understanding of the financial circumstances and assets of each party during the divorce process. It’s best to gather and organize these documents before you file since you will then have a head start in preparation.
Close joint accounts
Speak with your attorney about closing joint bank accounts so that your spouse does not take advantage of this and tries by making withdrawals after you file. It’s also important to consider closing or freezing joint credit cards.
Keep a journal
Keeping a journal may help you recall significant events that occurred before and after your divorce filing. This may help you provide valuable information when going through the divorce process.
If you are filing for divorce, you should never underestimate the negative financial impact that a divorce could have on you. Contact one of our experienced practitioners today to help you develop a strong divorce strategy.