"An injustice anywhere is an injustice everywhere."
Considering divorce or even knowing that your marriage has ended, is a hard time that is accompanied by hard decisions. Even if you are the one who wants the divorce, you may find yourself feeling sad, lost, and anxious about the break down of your family dynamic. Westmont Law Offices, S.C. understands this.
At the center of every divorce, there are four main areas addressed:
Don’t go into it expecting you are going to “win.” There is never a true winner. You’ll want to consider the consequences of a full-blown court battle before you go down that path, especially when children are involved. Realize that if you are going to battle it out in court, it can be very expensive; even simple matters may require multiple court days in court to resolve, and you could still be left with the uncertainty of how the judge will rule.
Wisconsin is a community property state, meaning that all assets are subject to a 50/50 split, unless you have a prenup. This would include your business, interest income, stock dividends, capital gains, retirement accounts, property obtained while married, etc.
Many expenses that were shared in the marriage, will now be your responsibility, such as your child’s schooling, house, car mortgage, etc. These new financial responsibilities can eat up your savings fast.
Your credit score maybe at risk.
During a divorce, you will have to make many life-changing decisions. You may have to choose if you are going to sell your house or not. Try not to make a quick decision thinking it will make the divorce go quicker. It’s very important that you consider all outcomes.
Everyone’s divorce is different and your friends will try and help you by giving advice. While they describe the steps in their divorce that was the best for them, it may not be best for you. Your attorney knows the specifics of your case and you can rely on their advice.
You’re getting divorced but your kids aren’t. Unfortunately, many times the kids can get caught in the cross-fire. Try to remember that your kids love you both and this is very hard on them.
Here are some articles that will help you understand the impact of divorce on your children: