Wednesday, July 25, 2012

Financial Tips for Women in divorce


Every year when about Valentine's Day, increase business, but not love, exactly, but of divorce law firms. However, one of the biggest obstacles encountered by clients is that many do not know the financial aspects to survive after the divorce, and most are women.

Emotion is what causes many women end up not thinking clearly, some divorce lawyers say, because it is an emotional time and the only thing customers want is to leave it to focus on the future. A laudable goal, at least for the lawyers that their clients could make potentially costly expense in the long term.

For some couples, you have all the wedding plans, but as time goes on, is that you have accumulated some assets, then you have to plan for divorce just as well as marriage.

Such planning is especially important for women. It is estimated that after 45% of women see their standard of living decreased by about 27%, while men tend to see their standard of living increased by 10%. There are many reasons for this disparity, but women can take steps to avoid being part of the group of losers.

Tip 1. Know your money

Women often have no idea of ​​finance, but they have to make sure you are aware of all investments. So if you're female and going through a divorce you have to look at all investments. Read all financial statements. If there is anything you do not understand or seem out of place, you have to investigate.

For example, if you have 30 thousand dollars in income and pay 25 000 dollars in college costs, something is wrong there.

Do not just review the financial statements, make copies of them all. Document by document. Make copies and give them to a family member, to put them in a safe. The information will put you in a better negotiating position of divorce and help you save money since you will not have to pay your divorce lawyer to do that.

Tip 2. Do not accept the "half and half"

An equitable division of marital property is not necessarily fair.

As a woman, your earning potential should be large, even more so if you left the university shortly before getting married. You'll have to work harder to adapt to your new financial situation after the divorce, but with perseverance you will succeed and will succeed.

If you have no skill in the world of work, but if you finished college, you have to think that a split half and half would not be fair, as you will need more support you especially if you have kids.

About Children

As a parent you have to be father and mother at the time, but often have to focus on reaching agreements with the other parent. Do not ask the right questions, that is if you think you know everything about finances and want an amicable divorce, keep in mind that in the end it will cost. You will also have to make decisions that children might hurt them later. It is best to seek guidance in divorce.

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