Friday, June 13, 2008

Divorce Tips For Women To Help Get Prepared

By Allison Thompson

If you are really considering starting divorce proceedings then it is essential that you are well prepared before actually commencing them. By doing this it will make the whole process go a lot more smoothly and cause you less stress and pain as well. Also be well prepared will ensure that you can make more sound and informed decisions about your future life. When it comes to getting divorced there are many pitfalls associated with the whole process but if you keep the following divorce tips for women in mind, you will be able to cope with any eventuality.

Tip 1 - Before actually starting your divorce proceedings make sure that you get any paperwork that is important together first. So you need to gather together everything relating to all the assets and debts you and your partner may have both as a couple or as individuals. You need to get information relating to all bank accounts, credit cards, investments and of course do not forget the mortgage. Also if you are able gather together your tax statements for the past 3 years along with any employment and pay information you have.

Tip 2 - When preparing to start divorce proceedings know exactly what your financial situation is as this will help you determine exactly how much the marital state is worth. When we talk about the marital estate we are talking about those things which have been accumulated by you and your partner during the time of your marriage. The best way to actually determine how much the marital estate is worth is by taking away all debts which are outstanding from any assets (investments, savings, equity in home etc) you may have.

Tip 3 - As soon as you have made the decision to commence divorce proceedings you should then seek legal advice as soon as possible. Often it is very beneficial to you if you consult a lawyer during the very early stages of preparing for a divorce. If you can discuss the matter with a lawyer who has qualified in family law and can provide you with the options that are available to you.

Tip 4 - When you are preparing to start divorce proceedings before you actually file any action you make sure that you taxes are completely in order. The last thing anyone wants just as the divorce is about to be finalized is being faced with further stress and worry over financial matters. If you feel at any stage that your partner may be facing an audit by the Revenue Service because they have not correctly filed their tax returns then consider filing one yourself which shows you are married but which you have chosen to file separately.

Tip 5 - Another essential thing that you need to get sorted out before you even start any kind of divorce proceedings relates to life, health and medical insurance cover. In most cases married couples will often take out such policies as a couple rather than as individuals simply because it saves them money. So as soon as you know that you are going to be starting divorce proceedings you should make sure that you have all your own insurance cover in place not just for those mentioned above but also for your home as well as for any vehicle that you have.

When it comes to filing for divorce it is important that you prepare as much as possible so that you are able to cope with any eventuality. The more well prepared you are then the more likely you will find that the divorce is much more amicable. This is extremely important especially where children are involved as it can cause a lot of distress on them as well.

In order for you to avoid the pitfalls that many women before have faced when it comes to divorce is to be well prepared. If you remember the above divorce tips for women that we have mentioned above then you may find yourself better to cope with the stresses and strains that this situation can put on you.

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