Divorce is one of the most stressful events of anyone’s life. As such, with emotions high and so much on the line, it’s easy to make mistakes that can turn out to be extremely costly in the long run. If you have an impending divorce, there are a few things for you to keep in mind as you go through the process.
Trying to do everything alone
When you are facing the prospect of having half or more of your assets given to your spouse by a divorce court, it can be tempting to save money however you can. But it is precisely for that reason that hiring an experienced divorce attorney is in your interest.
Attorneys have training in effective negotiation. They can get you better results than you could likely get if you represented yourself in the asset division, spousal support and child support negotiations against your spouse and their attorney.
Letting emotion take over
Property division and child custody negotiations can often be highly charged with emotion. Sometimes, a desire to punish one another is the primary factor motivating divorcing spouses’ decisions. This can lead to rash decisions that they later regret, or at the very least that aren’t the most beneficial outcome that they could have gotten.
Hiding assets so that you don’t have to share them with your soon-to-be ex-spouse can be tempting, but it’s against California law. It entails perjury, and it can lead to some serious criminal consequences on top of the penalties you’ll face in the judge’s final asset distribution decision.
Hiding assets doesn’t always mean trying to keep them to yourself. You can also get in trouble for gifting marital assets to friends and family members before your divorce – since the goal of that is to deny your spouse of their rightful share of those assets.
Staying level-headed throughout the divorce process is not easy. But by taking steps to avoid the most common mistakes that divorcing couples make, you can get through it under the best circumstances possible, so that you can start rebuilding your life.