Divorce and dating impact on children
"It's important to have support that's educated as well as therapeutic."2. "I used a criminal attorney and got a poor settlement," admits Christine K. On the other hand, a lawyer who's well-versed in family law could get you a better settlement because she knows the state-law nuances and local judges and lawyers, says Jacqueline Newman, a partner at a boutique New York City law firm specializing in divorce.If you and your husband have complicated combined assets, you may need additional pros.
Step one: Thoroughly understand your current cost of living 5. Even with carefully planning out your future expenses, something surprising may pop up."Anything written online about an ex-spouse will exist forever—when the children are old enough to read," cautions Newman.7.Being divorced doesn't mean you're a failure, less competent or less desirable.Try to have money available—like $5,000—within days. "It not only 'showed him;' it also showed the wife—and their children—what life is like on a lower salary," she says.Simplybadmouthing your ex is likely to hurt your kids more than your husband, even if you don't think they hear or read what you say.Kira Brown, 34, from Phoenix, AZ, owned a business with her ex-husband and wishes she'd also hired a financial planner for help negotiating her settlement.3. According to financial analyst Sandy Arons, a divorcee herself, 40% of divorce proceedings are about money.
So get as much information as you can about your shared accounts to be well-informed before court.
Rest assured, these 10 lessons can get you through the end of your marriage, both financially and emotionally.1.
It may take a long time to recover—and that's okay.
Julie, 50, from Denver, thought she'd be able to handle her divorce.
"I'm a strong person, I own my own business and I'm a professional speaker," she says.
To get things back on track, Doares suggests addressing issues as a family so everyone can talk about the changes together.