INDUSTRY INSIGHT
DIVORCE AND FAMILY LAW
SPONSORED CONTENT
Don’t Be a DIVORCE CASUALTY!
W
e have represented innumerable men and women going
through a divorce, and it is clear that many mistakes are made
before we are retained. In an effort to help, our team has compiled a
“greatest hits” list when contemplating a divorce.
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DO:
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Hire the best and most experienced lawyer you can! You don’t
want to suffer the consequences when your spouse has hired a
top lawyer and you have not.
Inventory your personal property at the outset. Videotape your
possessions if you can.
Copy financial documents such as bank and investment
statements, loan documents, credit card statements and life
insurance policies. Consider preparing a spreadsheet of your
assets and liabilities before your first meeting with a lawyer.
Confirm that your taxes have been paid. Copy at least the last
three years’ full returns and back up documents such as W-2s,
1099s and K-1s.
If you have not already, apply for credit cards in your individual
name and use them for small purchases to establish your own
credit. Try to save money for future living expenses and
unexpected costs.
Understand that each divorce case is unique. You should not
compare your divorce case to someone else’s.
Identify all of your spouse’s sources of income. Examine paystubs,
tax records and sources of deposits into your joint accounts.
Make an exit plan. Prepare a budget to understand your cash
needs.
Consider opening a PO Box if you remain under the same roof
with your spouse so you can receive private correspondence from
your lawyer.
DON’T:
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Hide money or continue funding your joint account after