Pre-Divorce Tips

Pre-Divorce Tips

  1. Don’t incur any new debt.
  2. Consider setting up an emergency account, however, be prepared to account for any monies removed or expended.
  3. Get an insurance check up.
  4. Obtain a copy of your credit report and monitor it carefully.
  5. Prepare a budget.
  6. Consider revoking or modifying old wills and codicils, health care directives, living wills and durable power of attorneys.
  7. Amend your W-4 to reflect your soon to be divorced status.
  8. Do not volunteer for any additional overtime, it will increase your support obligation.
  9. If you have children, spend time with them. Make an effort to be involved in their daily lives. You want to be able to show the judge how involved a parent you can be
  10. Gather income and investment information, 401K statements, pension statements, bank statements and debt information for both you and your spouse.
  11. Get a market analysis of your properties.