This Isn't Working Out: 4 Steps To Take When It's Time For Divorce

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There's always a certain amount of stress involved in a divorce – even those that are amicable. However, with some careful planning, there is a way to alleviate some of the stress. If you've decided to file for divorce, now's the time to start preparing for your future. Here are five steps that will help you alleviate some of the stress while you're preparing for your divorce.

Open a Savings Account

If you're going to be moving out of the marital home once you file for divorce, you'll need money to start your new life with. Not only will you need to pay for the initial rent and deposits for your new home, you'll also need to purchase necessities for it. To help you arrange for those purchases, you should open a savings account as soon as possible. Once you have your savings account opened, withdraw half of the money from any joint bank accounts you have. Don't withdraw any more than that, or you might have to pay it back to your spouse once you file for divorce.

Update Your Resume

If you've been a stay-at-home partner during your marriage, you're going to need a job once you file for divorce. Before you start looking for work, be sure to update your resume. Even if you don't have any recent work experience, you can still include any volunteer work you've done throughout your marriage. Having an updated resume will help you secure a job so you can land on your feet.

Document Joint Account Numbers

If you and your spouse have joint accounts, you're going to need those account numbers. This includes numbers for bank accounts and credit accounts. Not only will you need this information for your own use, but your attorney will also need this information when working on your divorce settlement.

Gather Important Papers

When it comes to dividing assets in a divorce, it's important to have the proper documentation. Before you move out of the marital home, take the time to gather copies of all your important papers, including the following:

  • Life insurance policies
  • Investment portfolios
  • Mortgage papers
  • Automobile loans

Hire an Attorney

Now that you've decided to file for divorce, you're going to need legal representation, especially if your spouse hires an attorney. Make sure that your rights are protected by hiring an attorney, such as Christena Silvey Coleman CSC Law, LLC, to handle your divorce for you. Before you sit down with your attorney, make a complete list of any questions you might have for them.