Divorce can be a difficult process, and many people know this, which is why they do what they can to prepare. Nobody said that divorce was going to be easy and that all parties were going to get along about a variety of issues, which is why you should be prepared for four serious issues that many people experience.
Four Serious Issues in Divorce
Dividing Property: You will almost always run into matters concerning assets and debts when you go through a divorce. These must be identified in full and then divided evenly between both parties. Some of the assets you probably hold between one another include your home, stocks and bonds, retirement accounts, electronics, and more. You should always consider all of these assets and write out a list so that you and your spouse know what each thing is valued at so you can move forward. You want to ensure that the division is fair for both of you.
Alimony: Alimony is also known as ‘spousal maintenance’ and is commonly awarded in divorce. Two of the aspects that are considered when the judge decides on alimony is the length of the marriage and the income amongst both spouses. If a judge decides that alimony must be given to one spouse, they will consider how long it should be paid. Usually, it is only a limited amount of time until the lesser-paid spouse can get back on their feet following the divorce.
Custody: Legal and physical custody will both be decided as well. Parents usually share legal decisions with one another, which is why it is common to see this being given jointly. Parties also tend to share the children for equal amounts of time, but this can change based on the circumstances. This is especially true when safety concerns are present due to the actions of a parent.
Child Support: Child support is one issue that is relatively straightforward and will be agreed upon in court. Basic support is given to children to pay for necessities, medical support helps pay for health insurance, and childcare support is divided between both parties so that the child can attend daycare and other programs.
As you can see, there are many issues that will become the center of your focus as you are going through the divorce process. Many people will stress about these issues and wonder about the outcome of their case, but you can lessen the load and stress on yourself by seeking the help of an experienced attorney in your case. If you want results, turn to an attorney as soon as possible. Call us for more information at the Montes Law Firm.