Tips to Help You Get a Fair Divorce

The following tips can help you get a fair divorce and save you a great deal of time, stress, and money:

  • Once you have made the difficult decision to end your marriage, begin to focus on the financial issues as soon as possible.
  • Get a good attorney to ensure you receive an equitable settlement, and get the best attorney that you can afford.
  • Remember that most states determine the value of the marital assets (including retirement accounts) based on the date the case is filed with the Court.
  • Consider when to file your case and whether it might be worthwhile to file sooner or later if you know when significant financial events will occur, such as receiving a bonus at work.
  • If the mortgage is listed in your name (or both name) and your spouse will receive the house, insist that he/she refinance to remove your name from the mortgage as soon as possible.
  • Make copies of all recent financial statements, so that your attorney will have an accurate listing of the accounts, balances, etc.
Source:  "Parting Ways? Your Guide to a Fair Divorce" published in the Erie Times-News.

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