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Florida is the fourth highest-ranking state for divorce with a divorced population of 13.2%. Divorce is a tedious process that is inherently complicated as it entangles other vital family concerns such as but not limited to child support, alimony, and even the separation and distribution of the real estate.
Divorce can severely affect your marriage ties and can cause financial problems. It is wise to hire a financial adviser before filing for divorce. A financial advisor can help you reflect on your lifestyle to better understand both your expenses before and after a divorce.
A Financial Adviser has the expertise to this kind of issue that will ensure the protection of your properties both personal and real as well as your rights in general.
To provide a professional and proficient insight is highly advised to be solicited from the Financial Adviser in order to advise you to opt towards a smarter financial decision.
The following engagements are highly recommended before you should pursue your Petition, among others:
a. Hire the services of a Financial Adviser that carry out his legal profession within your State. Meaning, hiring a Financial Adviser that is an expert on the law of your State due to the reason that different States observe distinct policies, which do not have the attribute to fit all.
b. A Divorce process is costly and to make sure that you’ll be able to undertake such a dilemma all the way until its promulgation, you may need to monitor and assess your regular expenditures.
c. Splitting of assets is inevitable and it entails the splitting of debts too. That being said, you will need to financially prepare yourself even during the post-divorce bustles to secure your finances.
d. Monitor every outflow including family bіll ѕtatements, fооd, transportation costs, and other similar expenses to keep track of your finances.
e. In order to accurately generate an actual comparison of whether or not you are effectively managing your money, you may need to utilize the last year’s financial records to efficiently compare so that you will be able to meticulously manage your finances.
f. You should also let your Financial Advisor get access to your savings accounts, investments, loans, and even to your income tax returns and credit card statements to ensure that you will be able to include the payment of standing bills to your petition to get financial contribution from your spouse.
Be it noted that the Institute for Dіvоrсе Fіnаnсіаl Anаlуѕtѕ оffеrѕ a сhесklіѕt оf fіnаnсіаl rесоrdѕ and you may want to get hold of it to help you ensure your efficient preparation.
Moreover, the preparation for rеѕіѕtаnсе in аmісаblе divorces is also encouraged for frее еxсhаngе оf information. However, the other party may not release pertinent documents in an adversarial situation except he is legally forced to do so in line with the fact when a spouse has the соntrоl over the hоuѕеhоld fіnаnсеѕ.
To ensure that you will not be financially burdened, you may need to refrain from making a huge financial decision before filing a Petition for Divorce.
During the trial for Divorce, it is noteworthy to remember that the court will be the one to make significant decisions before you could even instigate a financial change such as making adjustments to your insurance information. That is the reason why changes should always be undertaken before the filing of the Petition to ensure that the courts will not intervene as long as you carry out an undertaking in line with your rights, otherwise, you will be declared in contempt by the court.
For your need whether or not you are in dire need to get in touch with an expert financial advisor, contract Attorney Marquez-Kelly.
Attorney Marquez-Kelly is a graduate of Bishop Verot Catholic High School located in Fort Myers, FL. She earned her degree in Bachelor in Science in Legal Studies from the University of Central Florida in 2002.
In 2006, she obtained her law degree from Florida Agricultural and Mechanical University College of Law and she became a member of the Florida Bar Association and the United States District Court. In 2013, she founded the Marquez-Kelly Law and her field of practice includes the Dissolution of Marriage, Paternity, Guardianship, Family Law matters, and Real Estate Law.
Call Marquez Kelly-Law at 239-214-0403 or message us for a Free Half-Hour Divorce Consultation today.