Divorce proceedings are a tough time for all parties involved and the worst part is that most people are ill-prepared for it. While most will recognize signs of trouble, too few understand the legal repercussions of a divorce. Many have misconceptions about what will determine child custody or how the couple’s assets will be divided, for instance. Others may not fully understand how the law in their state might differ from others. Let’s take a quick look at some of the things people get wrong about divorce proceedings.
It’s Up to Your Attorney to Do All the Work
If you want to spend a lot more money than you need on your divorce, make sure that you let your attorney do all the legwork. However, if you want the procedure to go as smoothly as possible, you should make sure that you have all the documentation necessary and that your personal and marital assets are clearly reported. The better organized and upfront you are, the better it will transpire and you’ll be able to accelerate the process.
There are plenty of other things that you can do to keep your divorce costs as low as possible. If you want to know more, we suggest you check out msuewilsonlaw.com. This site is a great resource which should give you a clearer view of how to prepare for a divorce.
Their Lawyer is Going to Take You to the Cleaners
Divorce attorneys often get calls from vindictive spouses who want to punish their partner for what they did. However, lawyers are not what will have the biggest impact on how much you or the other party will get. Laws in every state make sure that assets are divided as fairly and uniformly as possible. So, you can’t expect your lawyer or their lawyer to make anyone pay more than they should.
All Your Assets will be Split in Half
This is a very persuasive myth, but that’s not how it works. In most states, the court will look at various factors to see how joined assets will be split. In some cases, they might believe that 50/50 is fair, while they might go for a 60/40 split in other cases. They might look at things like the tax implications or the contribution of each spouse in the household when dividing assets, for instance.
In some states, however, the court will split all marital assets down the middle. Separate property will be excluded. This is referred to as the community property system. Eleven states currently use this system including Arizona, Idaho, Louisiana, and Nevada to name just a few, so make sure that you know the system that is being used in your jurisdiction first.
These are just some examples of what many people don’t understand about divorce cases. If you are in the midst of one or are preparing for it, make sure that you shed these assumptions and let a good attorney clarify things for you.
Awesome tips and ideas that everyone can refer through about divorce.