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Financial priorities during a divorce

Massachusetts residents who are getting a divorce should plan ahead for the financial burden that will accompany it. In addition to legal fees and court costs, there are expenses such as moving into a new place and replacing all the things that were purchased during the marriage. In addition, a person may be required to pay child or spousal support.

One of the first things people who are facing the end of a marriage should do is take stock of their assets. This includes going over all financial accounts, getting passwords, photocopying documents and taking photos of possessions in the home. When considering attorneys, they should avoid someone who does not have family law experience even if the attorney is a friend or relative. They should also avoid an attorney who is overly aggressive or who tries to involve the children in the process.

It is important to have a good sense of priorities. In some cases, a person will need to compromise. The divorce should not be drawn out indefinitely, but a person should not simply sign off on things in order to get the divorce over with either. Talking to others about their experiences and regrets during negotiations might also help.

It is important for people to be clear with their attorney about their aims. For example, they might be more concerned about child custody or about protecting a particular asset than other matters. An attorney might suggest mediation as a way to reach a compromise, because this method of alternative dispute resolution can be quicker and less contentious than litigation. Each party is entitled to separate legal representation when pursuing this process.

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