Divorce Survival
Divorce is Legally Separating Three Things: Property, Debt and Custody.
That’s it. I know it’s brutal to say, but the courts, judges and attorneys are simply trying to get to the facts so they can close the case.
They don’t care who left whom, who is the bigger jerk, who put whom through college or who racked up the credit card bill.
They only concern themselves about marital property, debt and custody. No wonder most people don’t have warm fuzzies for their attorney.
Property and Debt are About Money.
Two-thirds of what you will be divvying in divorce are financial, they even call it a “settlement.”
As a rule, most people who are divorcing are emotionally triggered, traumatized and not thinking clearly.
When you’re not thinking clearly and don’t have a financial strategy or plan going into mediation or court, then you will be at a great disadvantage.
Divorce attorneys are not financial professionals! They are in the business of providing legal advice and helping you navigate the court system.
Two-thirds of Your Divorce is Financial. Why Would You Choose To Go at It Without Financial Counsel?
If you are facing a divorce, you have to build a team of good counsel. You need:
1. An attorney for legal advice, filing complex court forms and custody advocacy.
2. A financial planner for financial counsel & financial statements, forecasting, etc.
3. A therapist for processing the turmoil and trauma.
Don’t make the mistake of hiring only an attorney. Otherwise, you’ll treat your attorney like a therapist, triple your legal fees and get nothing done. Trust me on this.
When you are going through a divorce, you are not thinking clearly and there are things that must be taken into consideration when agreeing on a final financial settlement.
It’s okay that you aren’t thinking clearly, but think clearly enough to get the right kind of help.Want to learn more? Download 6 Reasons You Need a Financial Planner as Your Guide During Divorce.
