Monday, May 12, 2014

How to limit the sting? Divorce planning helps

Nobody said getting a divorce is easy. Emotions will definitely run high, and an exhausting wealth of time and money will be spent until the courts hand over the decision.

The savviest lawyers advise their clients to think ahead. Qualified family law and divorce attorneys like Maria Rivera Ortiz give due importance to thorough planning to spare their clients from additional stress and headaches in the process.

Image Source: maselliwarren.com
For starters, building a team of family law experts and divorce financial planners immediately clears the road ahead. Not only can strategic legal planning help individuals avoid even the most unthinkable traps, it can also get the court to decide on matters such as custody and finances to their advantage.

Image Source: globalgoodgroup.com
Organization is also crucial in planning well, so keep a divorce file. Divorce could mean lots of paperwork. Divorcing parties should document all bank statements, credit card statements, property titles, stock options, tuition and other costs of sending the kids to school, among others. If grounds for divorce include infidelity or abuse, file all gathered evidence--e-mails, medical records, and even photos.

It is imperative to plan for the children's wellbeing and explain why the divorce has to happen. While a divorce ends a marriage, it doesn't end either party's responsibility toward their children, who should be helped in the coping process. More importantly, parents should decide what is best for them as far as custody is concerned. Depending on the situation, the court can grant sole custody, but co-parenting would usually be a healthier, sounder option for the kids, both financially and emotionally.

Image Source: huffingtonpost.com
Older individuals seeking divorce should avoid getting caught up in legal and financial troubles by reviewing and revising their estate plans and affidavits of their retirement and insurance plans. Some retirement plans and benefits automatically assign the spouse as beneficiary. But following a divorce, one can make an affidavit specifying who should get the benefits instead. Having a living revocable will or trust will also make it easy for life's unexpected turns.  

For two decades,Attorney Maria Rivera Ortiz has worked on divorce, child custody, and all other aspects of family law. She has helped clients in making sound, well-thought plans to cope with the divorce process. Know more about why it pays to do divorce planning in this blog.