Pre Divorce Action Plan
Pre-divorce Planning will make everything simpler and smoother. You will protect yourself and avoid running afoul of the law.
The most important things for you to do when you're involved in a divorce is to focus on details and have a plan. Diamond Law Firm will provide and Action Plan designed to keep you focused and organized. A fully developed written plan will keep you focused during the process from beginning to end.
Before Filing for Divorce
You and your spouse are discussing a potential divorce. You may be in counseling or therapy to save your marriage. Now is the time to start your financial planning for a divorce.
- Gather all financial documents such as tax returns, bank records, real estate purchase and sale documents and any other records pertaining to your assets.
- Hire the Diamond Law Firm, we are prepared to protect your interests.
- Avoid tense situations and conflict. If a conflict arises and appears to be getting out of control, get out and call the Diamond Law Firm.
Divorce Filed and Pending
Once you or your spouse have made the decision to go ahead, certain events occur whether you want them to or not. It is an extremely stressful phase. Do things in small chunks. Avoid trying to do everything at once. Manage your time so that you have a set relaxation period every day. Pay more attention to your needs and to those of your children.
- If your spouse hasn't already done so, file for divorce. Diamond Law Firm will file a petition, financial statements and other documents with the court. This begins the legal divorce process. Ask us to explain the progression of the divorce case through the court system where your case is filed.
- Organize your paperwork. Keep it up to date.
- Make plans and set goals for your finances after the divorce. Be realistic. Review and revise your goals on a regular basis as your circumstances become clearer.
After the Divorce
Your legal divorce is over. Now the wrap-up of your financial and emotional divorce begins. Keep meticulous records of your financial separation. Plan for your future. If you have residual feelings of anger or bitterness, get counseling to work through your feelings. If not, you will always be held back by your past. Strive to keep your emotional divorce separated from your financial divorce. Don't confuse child custody and relationship issues with money issues.
- Keep copies of any support checks you have paid or received. Keep an ongoing accounting and ledger of the payments. Make sure all the necessary documentation has been done if payments are going to be made by a wage assignment or through the courts. Keep the employer and/or the court clerks advised of any address change. Prepare and send bills to your ex-spouse if late payments or account balances are a problem.
- Prepare a financial plan for the next year. Set short, medium and long range goals. Make arrangements to pay any bills left over from the divorce or marriage. Start saving whatever you can, even if it's only a few dollars each month.
- Prepare a post-divorce timetable for future events, such as an anticipated change in an amount of child support due to a child graduating from high school or a date when you are to pay your ex-spouse a certain amount of money.
Live a happy, fruitful and prosperous life after your divorce.
If you require the services of skilled Family Law Attorneys that will aggressively represent you call 1-800-750-4888. We represent clients in Encino, Los Angeles, Beverly Hills, the San Fernando Valley and throughout Los Angeles County. |