Divorcing Spouses Often Require Skillful Guidance to Move on Successfully
Though divorce can be rough, most people are comforted by the fact that they can make a fresh start. However, if you don’t take careful steps with the assistance of a qualified divorce lawyer, this might not be the case. Some spouses wind up struggling with the effects of their divorce long after the ink on their order is dry. Though you might not be familiar with the complications of ending a marriage, an experienced New York attorney can help prepare you for the financial challenges that lie ahead.
Even if your breakup is relatively amicable, failure to consult with a qualified lawyer could result in various long-term problems, including:
- Inability to leave the marital home — For many couples, the home they share is their most valuable asset, one that might be encumbered by a substantial mortgage. Of course, a home cannot be split in half, and there have been situations where divorced spouses must continue sharing a home because neither has the money to find a new place or buy out their ex. This is when it is extremely important to work with a divorce lawyer who can handle complex asset division and find unique ways to reach an equitable resolution.
- Divorce-related debt — Attorney’s fees and litigation-related costs can spiral out of control if you aren’t well informed from the start of the divorce process. When you first meet with your lawyer, you should have an honest discussion about fees and the potential expense associated with various courses of action during your marriage dissolution case.
- Harm to retirement plans — Often, one spouse will be the primary contributor to retirement accounts that a married couple plans to rely on in their golden years. When the relationship breaks down, the spouse who is not the listed owner of an IRA, 401(k) account or other retirement asset might not take the steps needed to secure their share of the value accrued during the marriage.
It’s easy to understand why someone would want to get their divorce over as quickly as possible, but acting carefully at the start of the process can help you move forward on solid ground once the marriage is terminated. Your lawyer can be the guide you need to set up the next chapter of your life successfully.
Bryan L. Salamone & Associates, P.C. is the Long Island leader in divorce representation. Please call 1.631.479.3839 or contact us online to discuss your circumstances and legal options in a free consultation with a qualified New York family lawyer.