Many Massachusetts residents who have gone through a divorce look back and wish that they had done certain things differently. As with any significant decision, hindsight is 20/20. For those who are currently considering filing for divorce, or who have recently begun the process, the following tips may help avoid some of the negative ramifications of certain choices.
One common pitfall involves allowing emotions to dictate the decision-making process. This can be a difficult hurdle to cross, especially in cases in which the reasons for the split are deeply personal, or when one partner does not want the marriage to end. However, many of the decisions made during the divorce process will have financial consequences, and should be made with a clear head and a focus on the future, not the past.
Another common mistake is to allow prolonged negotiations or disputes between spouses to lead to excessive legal fees. While obtaining legal counsel is an excellent way to protect one's interests within a divorce, the cost of such assistance should be kept at a reasonable level. Spouses can greatly reduce these costs by ensuring that they have their paperwork in order, and that decisions are made in a timely manner. By working to limit the legal costs of a divorce, both parties can retain more assets to put toward structuring their future lives as singles.
While divorce can be a challenging time, it is also a time of excitement and anticipation. Life will be vastly different once the ink has dried and the dust has settled, and the decisions made during the divorce process can greatly affect how that life is lived. By learning from the mistakes of those who have gone before, Massachusetts spouses can enjoy a less stressful and more productive divorce experience.
Source: Ellwood City News, "Financial Concerns During a Divorce," Robert A. Powell, May 2, 2013