If you are considering a divorce, it can be a long process with unforeseen obstacles along the way. Some events in a divorce will be out of your control. You can take steps to avoid unnecessary drama, high financial costs and drawn-out negotiations.
If you are considering a divorce, here are a few of the common mistakes that we’ve seen in our practice that will help you keep your sanity.
1. Ignoring Your Financial Health
If you are considering a divorce and you and your spouse have all of your financial accounts together, separate them immediately. Especially if you’ve been letting your spouse control the budget. Get copies of all of your financial records, including bank statements and tax returns. As you gather documents, you can also work on creating a future budget for your post-divorce life.