Divorce - it's a highly emotional time no matter what your reason may be for doing so. So, if you're in the middle of one, know that you're not alone in your feelings. Couples all across America are going through the same thing, so stay strong. There are also a few other things you should know, such as what to AVOID when it comes to divorce. Our divorce lawyers at the Lake of the Ozarks are here to give you a few issues to try and steer clear of when it comes to divorce, in this week's blog. If you have questions, please call Gibbons Law Firm today for a free consultation. We can be reached at (573) 348-2211.
Avoid These Issues When It Comes To Divorce
BEING UNREASONABLE OVER HOW TO COVER JOINT DEBT.
Just as owning valuable assets can pose a challenge during the divorce process, so can having expensive liabilities. If you and your spouse accumulated significant debt during your marriage (car loans, student loans, credit card debt, etc), you will have to determine how to divide these financial burdens.
BEING UNFAIR OVER WHO RECEIVES RETIREMENT MONEY AND OTHER RELATED ASSETS.
With so much at stake, high-asset divorces are often highly contested. If you or your spouse share substantial retirement accounts, high-dollar real estate, six- or seven-figure bank accounts, or other valuable assets, you may run into difficulties determining whom should receive what.
NOT COMMUNICATING OVER CHILD CUSTODY.
This likely won't come as a surprise, but custody disputes are some of the most common complications to arise during divorce. If you and your spouse cannot come to an agreement on how custody and associated parental responsibilities should be divided, you may end up facing a long, combative struggle over custody rights.
TAKING ADVANTAGE OF THE HIGHER EARNING SPOUSE.
If one spouse earns substantially more than the other, disputes may arise over alimony or child support. The higher-earning spouse will likely (understandably) wish to keep monthly payments to a minimum so as to have more money to devote to new life situations that may present. On the other side of the equation, the lower-earning spouse may be concerned about maintaining the lifestyle they became accustomed to during marriage.
Are You Considering Divorce?
Consider ALL your options first before filing for divorce. This is a process that should not be entered into lightly. However, if it IS something you're considering, we urge you to speak with an experienced divorce attorney in Mid-Missouri. Get the answers you need before starting this process. We are here to answer any questions you may have. Gibbons Law Firm can be reached at the phone number listed below. You can also follow us on our social media channels listed below to stay up to date on our latest announcements.