Getting divorced? Do your homework!
Dec 16th, 2009 by admin
Do your financial homework 
before divorce is a recommendation that I can’t repeat often enough. While the piece was written by a CPA rather than an attorney, it’s got some helpful general advice, including thinking through the following questions before meeting with an attorney:
- If you have children, what are your wishes regarding custody, visitation, and child support?
- Whose health insurance plan should cover the children?
- Do you earn enough money to adequately support yourself, or should alimony be considered?
- Which assets do you really want, and which are you willing to let your spouse keep?
- How do you feel about the family home? Do you feel strongly about living there, or should it be sold or allotted to your spouse?
- Will you have enough money to pay the outstanding debt on whatever assets you keep?
I often that potential clients make a note of questions that they would like to be sure we cover, and all the questions above are good ones!