Things to Consider Before Divorce

Things to Consider Before Divorce

Choosing to end your marriage is a painful decision to make. Many couples come into our offices unsure of what to expect during the divorce process. At Law Offices of Jeffrey S. Graff,me and my staff understand each family is different but over the last 30 years of practicing family law, we have compiled a general list of things you should consider before filing for divorce.

Your Finances

Before you file for a divorce, take a look at your finances. Consider how much marital debt you and your spouse have and evaluate your separate means of income. I, Jeffrey Graff, a Westlake Village divorce attorney, can help you get a clearer picture of what divorce could mean for the future of your finances. We can also help you develop a financial plan.

Economic aspects you should consider:

  • Bank Accounts: Many couples have joint bank accounts. If you both share a bank account, you may want to think about opening a bank account of your own before finalizing the divorce.
  • Insurance Coverage: If you have a medical condition covered by your spouse’s insurance you may want to discuss how your divorce could affect your coverage.
  • Dividing Assets: If you own one modest family home or if you own several properties around the country together, you and your spouse should consider discussing who will get what after the divorce.
  • Credit Scores: Contrary to popular belief, you credit score isn’t tied to your significant other. However, if you have co-signed on to any loans or credit lines, any late or missed payments could affect your credit score.

How Your Children Will Handle It

If processing divorce is emotionally jarring for you to handle as an adult, imagine the turmoil, confusion, and grief your children might feel. You and your spouse have been a constant for most of your minor child’s life, which is why understanding howbest to break the news to your child is essential. Consider discussing the changes that will happen to him or her once the divorce is settled with your partner first. For example, develop a plan regarding where your child will live, which school they will attend and what therapist they should see before breaking the news. If possible, it is always best to allow for as little change as possible so you child doesn’t feel too uprooted. If you can keep them in the same school, with the same support system of friends they will likely have an easier time handling the divorce.

Develop a Plan

To reduce the prospect of arguments or disagreements down the line, sit down with your spouse and develop a separation plan. Discuss custody, visitation, child care options and holidays. You may also want to consider how you plan to split the property and whether or not you will both live in the same house while the divorce is being finalized.

Contact a Westlake Village Divorce Attorney

If you are decided on divorce, the experienced divorce lawyer at the Law Offices of Jeffrey S. Graff can assist you going forward. Over the last 30 years, our firm has become renowned for its compassionate, comprehensive, and cost-effective solutions. If you are ready to take the first steps down the path toward divorce, let us help guide you toward your goal.

Call (805) 633-4999 to set up a free consultation

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