Think carefully about the proposed terms of a divorce settlement

On behalf of Stange Law Firm, PC posted in divorce on Friday, April 24, 2020.

The process of divorcing is often complex and difficult. There are a few things that make this even more challenging. Having numerous assets or having an ex who isn’t willing to work to come to mutually agreeable terms are two of these. We know that you might not want to think about having to battle things out in court, but it may be necessary if the negotiations to come up with a settlement aren’t successful.

Negotiating the terms of the divorce requires that you and your ex both be willing to compromise. In most cases, neither party is going to get everything they want. Being able to think clearly about how various arrangements impact you may help as you evaluate the potential options.

It’s usually best to think about what aspects of the end of the marriage you want to focus on. For example, you might not care about what happens to the marital home, but you may want to keep your special art collection. In these cases, we can help you work out a strategy that increases the chance of that happening. Determining what’s truly important to you can also help you to save your energy for those matters.

Remember to think about the long-term implications of the settlement. This includes taking a look at how the arrangements will affect your finances in the future. Assets that are costly to keep up might not be ideal when you’re trying to survive solely on your own income. We can help you to evaluate the possible settlement options so you can make informed decisions.

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