It is possible to get through a divorce without a great impact on your finances, only if you educate yourself and take some precautions.
Preparing for Divorce
It takes courage to succeed in just about anything worthwhile. courage to persevere, courage to overcome, courage to not lose faith in your dreams in the face of life’s inevitable setbacks. A tremendous amount of courage is required to venture forth from ground zero after a failed marriage.
While it is certainly true there are unscrupulous lawyers who take advantage of clients in vulnerable positions, proceeding with your divorce without legal counsel is rarely a good idea. Consulting with competent counsel early will save spouses considerable time and money.
The first working Monday of the New Year marks “Divorce Day” – and the start of Divorce Season. Why are couples more likely to split in January? Find out here.
Anyone considering a divorce come the new year should resolve themselves to start preparing for it now.
Filing for a divorce is extremely difficult and emotional even on regular terms, but when you’re an expatriate, it becomes even more challenging.
A highly debatable aspect of any divorce is the debt that was a joint endeavor between you and your spouse. One must not assume the divorce means splitting the debt according to your liking.
Divorce jargon and terminology can be confusing. We explain what some of the common terms and phrases mean.
Do people go through an emotional divorce, as well as a legal divorce? We discuss the three emotional phases of divorce our clients have experienced.
A lifestyle analysis provides specific information and data about income and expenses incurred during the marriage. An experienced professional may discover possible hidden assets, unreported income or incorrectly reported living expenses.