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Protecting yourself, financially and emotionally, in a divorce

On Behalf of | Feb 3, 2014 | Firm News, High Asset Divorce |

When a person decides they want to divorce their spouse, it can be a startling realization for some, and it can be difficult to prepare for, even for people who may have felt their marriage was rocky for many years.

The divorce process can be difficult, but people can prepare for divorce both mentally and financially. A few ways to start the preparation process might be to get a job or establish some financial independence, find a support team in friends and family, and don’t go into a divorce with a feeling of wanting to drag the divorce out and make it painful for the other person.

When someone files for divorce, they might be in a position where they have been a stay-at-home parent for many years, and rely solely on their spouse for income. Getting a job can ensure a person is able to pay their own expenses once they file for divorce. This is very important. However, it is also important that a person has the emotional support they need.

People who are going through a divorce should find a support group through their friends and family. It can sometimes help to find other people who are going through similar situations, and try to ensure they have a place they feel safe with family.

During the divorce process, it is easy to feel anger toward a spouse, and want to drag the divorce process out just to get to their emotions. The problem with that is, it can be a drain financially, and be emotionally taxing. While there is now set rules for getting through a divorce, these three things can be very helpful.

Source: The Wall Street Journal, “Three Ways to Protect Yourself in a Divorce,” Margaret Klaw, Jan. 29, 2014