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March 22, 2011

What to do When You Decide to Divorce

Filed under: Divorce,Featured — Jim Henderson @ 4:53 am
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Once a spouse has decided to divorce, there are certain things which he or she must do to ensure that the legal process of divorce is smooth. An experienced divorce attorney can provide invaluable advice on how to make a divorce process smooth. A major decision that can’t be put off for long is who will live where for the time being—that includes the spouses and the children.

Generally the spouses figure out temporary living arrangements during a separation, putting off final decisions until the divorce process is further along. If the spouses manage to do this, they should write up an agreement about what they have decided. What if they cannot agree? In most cases both spouses are equally entitled to stay in the family home than the other. When you are the legal owner of the house, then you might be able to make you spouse move out, though it would depend on factors like how long you have been staying in the house together, who pays for the expenses, and the like.

Generally as soon as the spouses decide to divorce, the spouses should start making an inventory of what each of them own. This is very important because this will help facilitate later decisions and also protect against worst-case scenarios in which one spouse runs off with, or hides, property.

Divorce generally means managing two households on the same income that used to support only one. This will require some creative financial planning. The spouses must take one step at a time. Certain decisions are best left for later. In the beginning it is important to figure out how to separate the assets so that every one involved in the divorce – the spouses and the children fed and housed until the divorce is complete which can take a few months. The spouses must also ensure that their temporary financial arrangements are clear and in place. As time goes by what will work and what will not work will become more evident enabling the spouses to reach a final settlement.

Every spouse who decides to get a divorce should open a separate bank account if he or she does not have one. The spouse should deposit his or her paycheck into this new account. Even when the spouse is the sole earning member of the household, and both spouses maintain a joint account for household expenses, the spouse should first deposit the paycheck into the new personal account before transferring the funds to the joint account. Once the spouses are divorced, the income of each spouse becomes his or her own, separate property.

Prior to the divorce filing, each spouse may use jointly owned assets as they see fit. The spouses do, however, share a legal responsibility not to do anything that would harm the jointly owned interests. (And, of course, a spouse cannot do anything that would harm the other spouse’s separate property.) The spouses should manage jointly owned property for their mutual benefit. Each spouse has this responsibility (called a fiduciary duty, in legal terms) even if the other spouse isn’t living up to it. Find divorce lawyers and view divorce attorney videos.

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