Subscribe to this list via RSS Blog posts tagged in preparing for divorce

DuPage County divorce mediation lawyerIf you are going through a divorce, you may fear a long and bitter courtroom battle. Fortunately, this is not necessary for all divorce cases, and some couples find that choosing mediation is a much better option. During the mediation process, each spouse will meet with a mediator that is a neutral third party. The role of the mediator is strictly to foster compromise and communication to help the couple reach an agreement on their own without the need for a divorce trial.

Mediation holds many benefits, including the fact that it can be less costly and take less time than a divorce trial. Spouses may also be more likely to comply with the agreement because they had a hand in creating it. Still, if you are considering mediation, it is important to know how to properly prepare so you get the most out of it.

Identify Your Goals

All divorce cases require some give and take by both parties. When entering into mediation, it is important to remember that you likely will not secure every favorable term you are hoping for. Once you understand this, you can then identify what is most important to you, and what terms you are willing to compromise on. Understanding your goals, as well as those of your spouse, can help during settlement talks and can result in your divorce being finalized sooner.

...

DuPage County divorce attorneyFor many people, the decision to end their marriage is not a sudden one, but one that is made after a period during which there has been a gradual erosion of the relationship. If you are considering a divorce, or you have already made the decision, you should take certain steps to gather all the legal and financial information and documentation you will need to help you reach the best possible divorce settlement.

Preparing Yourself Emotionally for Divorce

Even if you are the one who is seeking the divorce, you will most likely find yourself navigating an emotional roller coaster over your decision. As difficult as it may be, try to avoid allowing these emotions to rule your behavior. Seeking out the services of a professional therapist often helps in staying focused, even more so than confiding in family and friends. A therapist is unbiased and can help guide you through working through the feelings you are dealing with about the divorce. What you share with the therapist is also confidential, unlike sharing with a friend, who may repeat what you tell them, possibly allowing the information to get back to your spouse.

Assessing Marital Assets and Debts

Before the divorce process begins, you should also do some research to find out the status of any assets and property that you and your spouse own. If you had a prenuptial agreement drawn up before you were married, it may include important terms related to property division. You should also look for ownership documentation for any property that you and your spouse have. Along with physical property, you should make a list of all of the joint and separate financial accounts belonging to you and your spouse. This not only includes checking and saving accounts, but also all retirement, pension, and investment accounts. Gather the most recent copies of each account’s statement so that you are well-informed about their current status and value.

...

Posted on in Divorce

DuPage County divorce lawyerThe decision to get divorced often comes about after a long period of strife or unhappiness in a marriage. Many couples struggle with the decision for some time before finally contacting an attorney to start the process. If you have been thinking about divorce for a while but are unsure if it is the right move, there are a number of questions that you should consider.

Have You Done Everything You Can to Fix the Relationship?

The first important consideration is whether or not all reasonable steps have been taken to save the marriage. What constitutes “reasonable steps” is different for different people, but it could include couples therapy, individual counseling, or marriage retreats—not to mention in-depth discussions between you and your spouse. There are also many self-help books that might help address the problems you and your partner may be dealing with on a daily basis.

Are You Prepared for the Emotional Strain?

Before filing for a divorce, you will also need to be ready to deal with the myriad emotions that come with ending a marriage. Even if you are the one who wants the divorce, you will probably need to go through a grieving process over the “death” of the marriage. Divorce can also leave you struggling with feelings of anger and guilt. On the other hand, there may be feelings of relief that the turmoil of the marriage has ended. Individual therapy can also help you work through these feelings

...

Posted on in Divorce

DuPage County divorce attorney credit scoreWhether you and your spouse have discussed the possible end of your marriage in detail or you are silently debating your options, once divorce becomes inevitable, there are several steps you need to take to protect your interests during the divorce process. Before filing, set yourself up for success with these tips:

1. Begin Building Your Credit

Spouses often discover post-divorce that they have built up their spouse’s credit while neglecting their own. Without a good credit score, down payments for utilities and housing are often significantly higher, if you are able to get approved in the first place. Open a credit card now and use it to make small purchases that you can pay off each month. The goal is not to create a pile of debt; it is to prepare yourself for future success.

2. Understand the Family Finances

For property division and support payments, it is imperative to understand what you own and what you owe. Gather important documents like your credit report, paycheck stubs, tax returns, and bank statements. This information will not only help a judge determine whether you are eligible for spousal maintenance to cover your family’s financial needs, but it will also assist you in creating a post-divorce budget.

...

Posted on in Divorce

Wheaton divorce lawyersIf you and your spouse are at the point where divorce has transformed from a possibility to a near-certainty, it is time to start thinking about the road ahead. Obviously, it is important to consider your post-divorce life, including where you might live and restructuring your household budget to account for your changing financial circumstances. However, the divorce process itself requires a significant amount of planning and consideration, and being intentional about it can help reduce your stress and confusion.

Deciding to Work Together

A divorce does not need to be nasty and chaotic. In fact, Illinois law includes a number of provisions that encourage divorcing spouses to negotiate, cooperate, and develop workable agreements. If you hope to do so, you and your spouse will need to decide early on that this is what you want. By committing to cooperation, your informal conversations can start right away, and the conclusions that you reach can be later captured in your formal agreement. Of course, your initial commitment is just the first step. You might need to remind yourself repeatedly that cooperation is better than months of drawn-out bitterness.

Taking Stock

As soon as you realize that a divorce is likely, you can begin taking notes about what your ideal divorce settlement might look like. Make a list of everything that you and your spouse own, including physical assets like your home, vehicles, or furniture, as well as your investments and any debts. It is also a good idea to think about possible parenting arrangements for your children if you have any. Even if your final agreement turns out to be much different than you expect, your initial notes can provide a starting point for negotiations.

...

Recent Blog Posts

Categories

Archives

Wheaton Office

400 S. County Farm Road
Suite 200
Wheaton, IL 60187

630-871-1002

Oswego Office

123 W. Washington Street
Suite 334
Oswego, IL 60543

630-518-4002

Chicago Office

Appointments Available

Contact Us