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Preparing for divorce: Money, emotions and legal steps

On Behalf of | Mar 24, 2025 | Divorce |

Whether you’ve been considering divorce for a while or find yourself suddenly facing the reality of the end of your marriage, the road ahead can feel overwhelming. It’s natural to feel a mix of emotions – fear, relief, sadness and uncertainty about what comes next.

Amidst the chaos, taking the time to get organized can make all the difference and help you navigate divorce with more confidence while giving you a sense of control during this difficult time.

Get your finances in order

Divorce often means drastic financial changes, so understanding your situation is crucial. Start by gathering important documents like bank statements, tax returns, retirement accounts and debts. Know your assets and liabilities.

If you don’t already have one, open a separate bank account and start setting aside money for legal and living expenses. You may also need to adjust your budget and align your finances to the expected changes. Thinking ahead can help prevent financial surprises once the dust settles.

Take care of your emotional well-being

Divorce can be emotionally draining, even when it’s the right decision. Surround yourself with supportive friends, family or a therapist who can help you process your emotions in a healthy way. Avoid making impulsive decisions driven by emotions.

Keeping a level head will help you focus on what’s best for your future rather than reacting to the moment. Remember, the outcome of your divorce can have far-reaching consequences in your life.

Understand your legal rights and responsibilities

Every divorce is different, and knowing your rights is essential. Navigating issues like property division, child custody and spousal support can be challenging without proper information and guidance. Reaching out for qualified legal support early in the divorce process can help you make informed decisions that protect your interests and future.

Terenzini & Lucero, LLC.

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