Divorce Survival
Divorce is One Expensive, Traumatic Series of Events
It’s a blur, it’s a fight and you limp along with literally everything on the line! As I’ve worked alongside Divorce Attorneys in Spokane, I’ve observed a stark, unpopular reality:
Divorce is Legally Separating Three Things: Property, Debt and Custody.
That’s it. I know it’s brutal to say, but the courts, judges and attorneys are simply trying to get to the facts so they can close the case.
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They don’t care who left whom, who is the bigger jerk, who put whom through college or who racked up the credit card bill.
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They only concern themselves about marital property, debt and custody. No wonder most people don’t have warm fuzzies for their attorney.
Property and Debt are About Money.
Two-thirds of what you will be divvying in divorce are financial, they even call it a “settlement.”
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As a rule, most people who are divorcing are emotionally triggered, traumatized and not thinking clearly.
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When you’re not thinking clearly and don’t have a financial strategy or plan going into mediation or court, then you will be at a great disadvantage.
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Divorce attorneys are not financial professionals! They are in the business of providing legal advice and helping you navigate the court system.
Two-thirds of Your Divorce is Financial. Why Would You Choose To Go at It Without Financial Counsel?
If you are facing a divorce, you have to build a team of good counsel. You need:
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1. An attorney for legal advice, filing complex court forms and custody advocacy.
2. A financial planner for financial counsel & financial statements, forecasting, etc.
3. A therapist for processing the turmoil and trauma.
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Don’t make the mistake of hiring only an attorney. Otherwise, you’ll treat your attorney like a therapist, triple your legal fees and get nothing done. Trust me on this.
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When you are going through a divorce, you are not thinking clearly and there are things that must be taken into consideration when agreeing on a final financial settlement.
It’s okay that you aren’t thinking clearly, but think clearly enough to get the right kind of help.Want to learn more? Download 6 Reasons You Need a Financial Planner as Your Guide During Divorce.
