Four Tips For Dealing With a Divorce Fairly
Divorce can be quite complicated and painful. The proceedings are often fueled by emotion encompassing feelings of hurt, betrayal and anger. Even with all of the psychological implications, it’s imperative that you focus on working toward a divorce settlement that is fair to everyone involved. The decisions at the end of a marriage have effects far beyond what you can imagine. A divorce case lawyer can help you reach an amicable settlement that is in the best interest of everyone involved.
Children are the Top Priority
When it comes to children in a divorce proceeding, they should be the top priority. It is less traumatic for children if they are allowed to live in the same home. Allowing the parent with custody to stay in the family home will help alleviate that stress. The parent moving out should try to find a location nearby to make transportation easier.
Distribute Property Equally
Even though certain assets will be divided based upon the children’s needs, the key to divorcing fairly is to split the property up equitably. Property division should be based upon practicality instead of that of value. If one individual has a long commute to work, it makes sense that they should get the most reliable vehicle.
Preparing Income to Accommodate Financial Needs
Make sure that your ex-spouse and yourself have ample income to sustain the lifestyles for yourself and the children. If you are moving to a small apartment that has lower cost of living expenses while letting the other person retain the house, you could give them alimony to help with the upkeep of the house. Hiring a divorce case lawyer will be able to analyze the situation and make sure all parties receive a fair settlement.
Divide the Debt Responsibilities Fairly
Divide responsibilities for paying the debt fairly between your ex-spouse and you. Countless factors go into play that determine the fairness that need to be considered in this important decision. Determining who is originally responsible for the debt, who is keeping those items that correspond to that debt and the ability of the parties to pay for the debt without bringing upon hardship. If you are planning to keep the car, you should be the one to pay for the car note. If the other party had credit card debt before the marriage that is yet to be paid off, they should be the one responsible for paying it. If paying that debt off would cause a hardship, that should be discussed as well.