When going through a divorce in Vancouver Washington, your attorney will offer advice. You, however, will be the one making the decisions and some of your decisions may affect you for a long time.
Yet, when going through a divorce, it can be hard to focus. It can be especially hard to focus when it comes to financial matters.
Below is a list of the five things to avoid when negotiating a divorce settlement. Hopefully, the following advice will help keep your financial life in order.
Waiting until the last minute. In other words, when it comes to your finances, be proactive. If you think a divorce or separation might be coming, get your records in order.
Punishing your spouse through litigation. No matter how much your ex-spouse has hurt you, the courts aren’t set up to punish. Their purpose is to distribute property.
Being too attached to property. Is a car, vacation home, or some other asset worth the time, energy, and money of a protracted legal battle?
Relying on your lawyer for more than legal advice. A lawyer probably invented the saying, “time is money.” Don’t use them as therapists, messengers, or financial planners.
Forgetting about inflation. Ask your financial planner about short and long term planning.
For more information, please visit the Child-Center Divorce blog.
If you’re going through, or about to go through, a divorce in Vancouver Washington, contact Lambert Law Office.