A financial analysis conducted early in the divorce process will
save you time and reduce your anxiety, because much of
the early part of the divorce process is spent trying to get a
clear understanding of the finances.
You will save money when you obtain an easily understood
financial report which includes the tax consequences of your financial
options; this will allow your attorney/attorneys to focus on the
legal issues while not needing to spend additional time sending
settlement documents back and forth because you do not have the
knowledge of what these documents mean to you. A Martial Settlement
Agreement should be less expensive for the attorney to prepare
as all assets and debts and their related account numbers are
all in one place ready to be inserted into the agreement.
A complete understanding of the long-term forecast of the effects
of the proposed support amounts you will receive or pay, your
new budget, and your share of the division of property will help
you avoid the financial pitfalls related to divorce agreements
and reduce your fear and uncertainty about the future. See Sample
Your realistic household budget which we will prepare together
will include all living expenses such as life insurance,
health insurance, and cost of living increases, etc.
Your thorough understanding of your family's financial picture
will help you to have realistic expectations and not regret
the financial decisions made during the divorce process.
You can provide your attorney with a complete financial
report including a detailed written portion explaining all relevant
financial facts; this will give him/her confidence that all assets
and debts and income and expenses have been disclosed and will
give them all the information they need to give you quality legal
advice related to your particular situation.
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information you obtain at this website is not, nor is it intended
to be, financial or legal advice. Jude Sterling recommends you
consult with a financial or legal expert for individual advice
regarding your own situation.