Divorce is not only a stressful time because of the changes in family dynamic and lifestyle, but also in terms of finances. Many spouses going through a divorce dread the thought of hiring a lawyer due to the perceived high costs of service. Some of our clients have even expressed concern at the thought of hiring a lawyer as being an aggressive or combative tactic.
When going through a divorce, most of our clients are initially unsure of what to expect. Unless they have gone through it before, it is going to be uncharted territory. Still, it is common to make some false assumptions about the process. Our divorce attorneys deal with the ins and outs of the process every day, and we can help you avoid these common divorce pitfalls. Please continue reading and speak with our experienced New Jersey divorce attorneys to learn more.
Common Assumptions to Avoid
“I have a good relationship with my spouse, can’t we just work it out?” – It is great if you and your spouse are on friendly terms and if there is a solid foundation of trust. However, this really isn’t the primary issue at hand when going through a divorce. Trust can only get you so far without knowledge of the law. Even with the best of intentions, it is virtually impossible to come to a fair settlement and take everything into account without the guidance of a professional.
“I have enough money, I don’t need child support or alimony.” – Again, this sounds great when we say it to ourselves, but it may not be the truth. Child support and alimony are not intended as funds to get you through the divorce. They are intended to allow you and your children to live the life to which you are accustomed. The financial shock of a divorce is often not felt until a bit down the road.
“We’ll just split everything 50/50.” – It is rarely that simple. The division of assets in New Jersey encompasses very specific laws regarding property division, retirement assets, owned businesses, and accrued debts, and even with the best of intentions, it is easy to make mistakes in this area which will have life-long negative financial impacts on you and your children.
If you have any additional questions regarding your divorce or the legal process ahead, please do not hesitate to speak with our knowledgeable, compassionate New Jersey divorce attorneys today. Our firm is always here to help.
Contact our experienced New Jersey firm
If you require strong legal representation for matters related to divorce or family law, Haber Silver Simpson & Russoniello is here to help. We proudly represent clients in Morris County and throughout the state of New Jersey. Contact our firm today to schedule a consultation.