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3 financial mistakes to avoid during divorce

Navigating a divorce can be extremely complicated. This is especially true if you have to deal with issues such as custody and high-value property division. If you do not take appropriate steps to take care of your financial interests, you could find yourself with less than you need. When you are starting over after a marriage, doing so in a secure economic position can reduce the stress that comes with a divorce.

Dividing retirement accounts in a divorce requires help

Getting divorced can be a difficult process, especially if you and your former spouse don't agree on critical issues. Many times, child custody and visitation are contentious. You may not agree about who gets the kids on certain holidays or how to arrange vacations. Asset division can be just as complicated and frustrating. The more assets you have accumulated during your marriage, the harder the process of asset division can become. You and your former spouse probably won't agree about who gets what and how to divide the assets fairly, which can lead to a protracted divorce process.

If you want custody in a divorce, comply with child support

One of the most frustrating parts of getting divorced is losing out on the time you used to spend with your children. When you combine that with arguments with your former spouse and the sudden demand for child support out of each paycheck, it's a perfect storm for bad decisions. Especially if your former spouse is withholding or severely limiting your visitation, you may feel strongly about child support requirements. However, failing to pay your child support in full and on time can have a real, adverse impact on your ability to obtain full or partial custody as your divorce proceeds.

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At Hecht Family Law we understand that this is not only a very trying time for you, but that you want to get what you feel you deserve during the divorce process. We will always keep your end goal in mind.

Ready to rest easy tonight? Take a moment to contact Hecht Family Law. We offer free phone consultations, or you could send us an email to discuss your family law matter today.

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