Preparing for Divorce
Jan. 20, 2022
Filing for divorce is often an emotional process and can affect various aspects of your life, including your family, children, assets, and finances. In addition to the delicate emotions and the psychological toll of marital dissolution, ending a marriage also involves a lot of legal paperwork, dividing assets, settling debts, and planning for your family’s future. However, knowing how to prepare for a divorce can help make the process feel more manageable and less overwhelming.
At Michael Fink Law, PLLC, I have the experience, resources, and skill to help clients navigate the complexities involved in divorce and legal separation. I’m available to discuss your unique situation and help you understand your possible legal options. As an experienced Minnesota family law attorney, I can educate you about some of the things to consider before filing for divorce and the steps to take when preparing for divorce. My firm proudly serves individuals and families across Minneapolis, St. Paul, Edina, Minnetonka, and St. Louis Park, Minnesota.
Things to Consider Before Filing
If you are thinking about divorce, here are some aspects to consider before filing:
Counseling: As mentioned earlier, divorce often has heightened emotions and a psychological toll on the parties involved. Due to this, getting divorce counseling and adequate support can help you understand the reason for the marital breakdown and learn to live with the changes that come with divorce.
The Type of Divorce: Once you have decided to end your marriage, you must choose how to proceed with the divorce. The available divorce options include contested, collaborative, mediation, and do-it-yourself divorce.
Living Situation: Another thing to consider before filing for divorce is the living situation. Depending on the circumstances surrounding the divorce, you may:
Vacate the marital home until the divorce is finalized.
Continue living in the marital home with your estranged spouse, even after the divorce.
Sell the house and divide the equity.
Bird-nesting – an arrangement where you and your estranged spouse live in the house with the children at different times.
Financial Readiness: Also, you must know where you stand financially before you file. Find out what you have and what you owe. You may need to update your budget, untangle your financial affairs, and think about retirement.
Steps to Take to Prepare for the Divorce Process
The following are essential steps to take when preparing for divorce:
Hire an Experienced Family Law Attorney
When preparing for divorce, hiring an experienced attorney is crucial for proper guidance and to avoid irreversible mistakes. A knowledgeable divorce attorney can enlighten you about the Minnesota divorce process, explore your available options, and help you navigate your new future.
Identify Personal/Married Property
Asset division is a crucial aspect of divorce that needs to be addressed before the divorce can be finalized. Identify your personal property, make copies of important documents, cancel joint accounts, and change personal passwords. Take a detailed inventory of the assets you own individually or jointly with your estranged spouse. This can include house(s), vehicles, household items, personal belongings, and other assets. Also, gather any paperwork pertaining to these assets and properties.
Gather Personal Information
Furthermore, gather personal information about you and your spouse, including things such as proof of residency, employment information, individual information, marital history, and information about your children.
Assess Financial Situation
Also, you need to understand where you stand financially. Figure out what you have and what you’ll need. You can evaluate your financial situation by gathering all financial information, including assets and debts you may have or owe.
Collect Legal Documents
In addition, collect legal documentation such as tax returns, insurance policies, and documents pertaining to any businesses you or your spouse own and end-of-life plans. Make a copy of any legal document showing your personal information.
As you prepare for and navigate your divorce proceedings, it is important that you get the necessary support and legal representation from an experienced family law attorney. Your attorney can help protect your best interests, your family’s future and make the transition as seamless as possible.
How Michael Fink Law Can Help
Filing a divorce petition in Minnesota usually involves a lot of complex procedures. Filing the necessary paperwork, negotiating a divorce settlement, establishing alimony arrangements, dividing marital property, determining child support, custody, or parenting time can make the entire process more stressful and overwhelming. An experienced family law attorney can enlighten you about the steps to take when preparing for a divorce and help you make intelligent decisions.
At Michael Fink Law, PLLC, I am dedicated to offering experienced legal guidance and reliable advocacy to clients in family law and divorce-related matters. As your attorney, I can explore your available legal options and help determine the best course of action.
Using my in-depth understanding, I can help guide you through every stage of the divorce process and help you navigate key decisions. Also, I can work meticulously with all parties involved to establish a fair settlement agreement and help settle relationship disputes amicably and quickly. I can help protect your rights, make things seem less overwhelming for you, and help you move forward as quickly as possible.
Contact my firm – Michael Fink Law, PLLC – today to schedule a simple case evaluation. I can offer you the detailed legal counsel and strong advocacy you need to navigate important decisions and make your divorce proceedings feel more manageable. My firm proudly serves clients across Minneapolis, Minnetonka, St. Paul, Edina, and St. Louis Park, Minnesota.