Divorce is typically never a part of someone’s plan, but unfortunately, plans get changed sometimes. You may feel a little uneasy about going into a divorce because you’re not sure what to expect. An experienced divorce attorney at the Lake of the Ozarks can give you a realistic idea of what to expect and how to prepare for it. The Missouri Family Law attorneys at Deputy and Mizell are here to give you some financial tips for a divorce in this week’s blog. If you are going through a tough divorce and need an attorney you can count on, call Deputy and Mizell today for your free consultation. We can be reached at 573-346-9990.
Financial Tips for a Divorce
Be honest about ALL household expenses.
The court may use this information when deciding how to split expenses between you and your ex. Household expenses may include, but are not limited to:
- Clothing for children
- Extra-Curricular Activity costs for your children
- Rent or Mortgage Payments
- Household maintenance costs such as HVAC issues or roof repairs for example
- Transportation costs for your children
Clearly, if you are divorcing and you have children, the court has to rule in the best interest of your children.
Clearly disclose your monthly income.
You and your ex will both need to be honest about your income that you bring in. This information could also be used by the court when trying to decide on how to split expenses, debt, and even child support costs. Lying or being dishonest about your income can only make matters worse. Eventually, the truth will likely come out and that can only hurt your chance of getting a favorable outcome.
Bring all of the correct financial documents when you meet with your divorce lawyer.
If you’re already an organized person, that is fantastic. If not, now is the time to get organized when it comes to your financial documents. The more prepared you are early on, the better. Here are a few examples of items you may want to bring with you when you meet with your attorney about your divorce.
- Tax returns for the last 3 years
- Banking account statements (Checking and Savings for the past year)
- A list of debts accumulated throughout the marriage
- Current Pay Stubs
These are only a few examples. The best thing for you to do is to call your attorney ahead of time and get an exact list of items you should start gathering as soon as possible.
Call Deputy and Mizell Today for Your Free Divorce Consultation.
We understand that this divorce may be one of the hardest situations you have ever had to endure. Your emotions are likely running high and we get it. That’s why you should contact an experienced divorce attorney to help you think clearly and make the best decisions regarding your future. At times like these, having a strong advocate who is committed to ensuring that your interests are protected can be an INVALUABLE asset. You also likely have SEVERAL questions regarding how to go about your divorce properly. Get your questions answered and more when you call Deputy and Mizell. Your first consultation with us will be FREE. For Family Law matters, please call our Camdenton Law Office at 573-346-9990.
Contact Deputy & Mizell, LLC to schedule your private (FREE) consultation today.
Representing Clients Across the Lake of the Ozarks Region