Three Ways to Protect Yourself Before Filing for Divorce

Broken Family Concept

Broken Family ConceptIn the U.S., approximately 40 to 50 percent of married couples end up getting divorced. It’s quite sad, but not shocking. The possibility of divorce for subsequent marriages is even higher.

People have different reasons for splitting up, and almost everyone suffers emotional scars. But in some cases, divorces need to happen. If you’re thinking of filing for divorce soon, here are some ways to protect yourself:

Have Enough Money for the Legal Process

Filing for a divorce is not free, especially if it involves child support and custody. You need money to hire a child support attorney in Colorado Springs to represent you. Save up a fund and make sure they are liquid funds, not assets.

Monitor Your Joint Bank Accounts

This can be tricky because your spouse can simply take all the money you have in your joint account. If this happens, it can leave you with virtually no cash or funds to spend on the legal process. Even if you have some assets, you still need liquid funds.

Some people take half of the money from the joint account and transfer it to a separate account in their name. Some people choose to do nothing and leave it all to trust and good will. And of course, you always have the option of taking all the money away, but this is not the best thing to do. It can be used against you, should you go to trial. You should also be aware of your credit and have copies of all your financial data.

Keep a Journal

This could be helpful if your case involves domestic abuse. Having a journal helps you document anything that could help you in filing for a divorce, especially in cases that involve the kids. Proper documentation could help in getting sole custody of the children. When making decisions, consider your child’s best interest.

Getting a divorce is always a nasty business, no matter how much people try to make it less strenuous. There are emotional, physical, and mental burdens on both individuals, and even on their children. Protect yourself in the storm ahead.

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