Berman & Asbel, LLP

Staying smart in divorce negotiations

Ending a marriage can be a challenge, but doing so carelessly could result in greater losses for a Pennsylvania resident. Getting out of a marriage quickly could save a lot of money by minimizing the legal fees, but signing a divorce agreement without thinking through the long-term implications could result in significant financial and emotional difficulties in the future.

One of the first steps in preparing for the end of a marriage is assessing one's financial standing. This would include making a record of both joint and individual accounts. Passwords and account numbers should be saved to ensure access if unexpected changes are later made by the other party. Photographing or taking a video of the contents of the home could also prove useful. Both parties could be faced with the need to start over in new residences, and significant costs could impact this period for an individual who is also faced with child and spousal support obligations.

In preparing for negotiations, it is helpful to identify matters that can be set aside in order to complete the process. Similarly, it is important to identify the issues that are important. It could be helpful to discuss the process with others who have gone through similar experiences. They may be able to explain what they would have done differently or what worked well. Parents should not involve their children and should not talk negatively to them about each other. Emotional control on a parent's part could make a huge difference in a child's ability to adapt as the matter is finalized.

Although it may be financially necessary to keep costs down, having the representation of an experienced family law attorney could be one of the most important decisions in the process. Legal counsel could make important recommendations for how to reach an accord on issues that are often contentious.

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