Financial aspects of divorce can be challenging to navigate

| Aug 2, 2018 | Divorce

Going through the dissolution of a marriage can be complicated not just emotionally but also financially. For this reason, it is critical that those going through divorce consider the full picture and remain financially cognizant of what is taking place during the proceedings. Here are a few tips for tackling the twists and turns of divorce in Massachusetts.

First, individuals who are going through divorce may be wise to ask themselves several questions starting out. For example, which spouse should keep the marital home? This is often one of the most contentious aspects of property division during divorce. Also, how do the two spouses plan to split hotel points and air miles — something that they may not readily think about when they first decide to separate.

A spouse’s natural inclination during divorce is to try to become the winner — the person who walks away from the divorce with the most assets or with custody of the children, for example. However, the reality is that this will only drag out the divorce proceeding and make it more acrimonious. Instead, it may help to assess if what one are battling for is truly of crucial importance. If not, letting it go or negotiating over it may be a smart idea.

There is nothing easy about the divorce process. However, if the parties are willing to find common ground in areas such as asset distribution and alimony, they may be able to resolve their issues outside of court, thus making the marital dissolution process less stressful. An attorney in Massachusetts can provide the guidance needed to pursue one’s best interests with confidence during even the most complex of divorce proceedings.