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Financial Tips for a Spring Divorce

Financial Tips for a Spring Divorce

Posted By Meyers Law Group, P.C. || 24-Apr-2014

If your spring cleaning this year is accompanied by thoughts of divorce, then you can take this time to get your finances in order, with a view to be prepared for a complex legal process. Of course, each situation is unique, so it is often best to consult with financial and legal experts to know how best to prepare in your case. In the meantime, here are some general tips that can help you face a divorce with confidence.

Five Financial Tips to Prepare for Your Divorce

First, you should collect copies of all the financial documents you can, and keep them safe. This step will be a huge time-saver. Then you should ask for your individual credit score. Not only do you need to know where you stand financially, but boosting your credit score could be vital preparation for your future. You should also keep tabs on your spouse's use of your joint accounts. If your spouse is using these joint funds on an affair, you should collect data to prove this for the divorce. Then there is a need already to prepare for next tax season. Be familiar with your tax returns this year, and realize that alimony and child support could be a part of your taxes when you file for 2014. This is something to bear in mind as you approach the negotiation table to split up your assets. Finally, you can start interviewing professionals. Of course, you will need to find the right divorce lawyer to handle your case, but you may also need other professionals, such as a financial planner.

If you are looking for a skilled divorce attorney in Long Island, you can rely on the Meyers Law Group, P.C. Our firm has the experience and dedication that could help you get the results that you deserve in your divorce. It is never too soon to start preparing for the divorce process. Start getting the legal counsel you need when you call our team today!