It’s pretty much impossible to predict how life will turn out. Divorce is something that spouses in Colorado rarely expect to happen. However, a little preparation and self-education can help ease the pain of this event. Here are a few things to consider for those who may be heading for divorce proceedings.
Finances
When contemplating divorce, it is important to gain an understanding of the current financial landscape and what life may look like post-divorce. During marriage, there may have been more income coming into the family to pay living expenses. After divorce, income could be cut in half while expenses may rise. Prepare a budget to help gain an understanding of income versus expenses.
Children
Child custody is often one of the most emotional and difficult issues in a divorce. Take time to research and learn about the differences between legal and physical custody. Also, think about what type of custody arrangement would be best for the children.
Protection
Even if the current relationship with the other party is amicable, focus on protecting personal interests. If possible, close all joint bank accounts and credit cards and open separate accounts. It is also a good idea to get copies of financial documents and download important documentation from online in case passwords get changed.
Help is available
Ending a marriage is never an easy decision to make. Divorce proceedings can be complex issue regardless of circumstances. Fortunately, legal assistance is readily available for anyone in Colorado who is contemplating divorce. An experienced family law attorney can answer questions and help individuals work through the ups and downs of the divorce process.