When you go through a divorce, there are many things that you need to think about so that you can start moving your life ahead. One of these is that you need to be able to set up a stable home for your children. In order to do this, you have to think about yourself and them all at the same time. Everyone can benefit from you having structure set in the home.
Planning can minimize the stress of divorce with children
Working through property division takes focus
Asset and debt division matters are often difficult to settle during divorce. The exception to this is when you have a prenuptial agreement in place. In that case, you just follow those provisions and everything is taken care of. We know that not everyone has prenups in place. If you don't, you will have to either work with your ex to get the assets and debts split or you will have to turn to the court to get this done.
What to do with assets from a qualified domestic relations order
If you are working through a divorce, you may have become so caught up in division of assets that you may have overlooked one key source of value in the marriage: your spouse’s pension plan. The only way to guarantee your share of this reward is through a complicated process that requires a QDRO, or qualified domestic relations order.
Know all options for handling the division of pension in divorce
Pensions are often a top priority when you are divorcing. The person who was working likely put a lot of time in to get the pension to where it is today. When it is time to divide this asset, there are some unique considerations to think about.
Logical thinking is your friend during property division
One of the important things that you will have to do if you divorce is to determine who is going to keep which assets, but you can't forget about the marital debts. All of these must be split up in the property division process. It is imperative that you go into this process with a clear head and an idea of what you are going to fight for. We realize that this isn't going to be easy, but we are here to help you evaluate the options that you have.
High-asset divorce doesn't have to be high conflict
High-asset divorces are often fraught with conflict, but this doesn't mean that you have to deal with a high-stress situation. One reason why it is often difficult for people to reduce the stress they experience during a divorce is because they haven't actually accepted the fact that the marriage is over. It can be especially hard to accept the end when the marriage was lengthy or when there are children involved.
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