Separate the Emotional Side of Divorce From The Business Side of Divorce

Separate the Emotional Side of Divorce From The Business Side of Divorce

Divorce is a legally and emotionally complicated process. (Talk about an understatement!) There are so many things to consider, such as getting your finances in order and figuring out what belongs to the couple versus what belongs to each person individually.

Even if you're the one filing for divorce, your spouse may have a lot of questions about how that will affect them financially or otherwise. In addition, there are things like child custody and visitation rights that can be difficult for people going through this process. If you're considering getting divorced but don't know where to start, here's some advice for making sure your side of things goes smoothly:

Don't let emotions cloud your judgement.

It is so important to keep the emotional side of divorce separate from the business side of divorce. That doesn't mean that you shouldn't be emotional; it just means that you don't want your emotions to cloud or control your judgement.

When negotiating with each other, try not to let emotions rule the negotiations. If one party wants more than 50% of the income, does it really make sense for them? What if their ex-spouse is struggling financially, but they're not? It's hard enough doing business without having your emotions get in the way of what you're trying to accomplish by working together as a team or couple during this time period!

Consider seeing a therapist.

If you’re feeling overwhelmed by your emotions, consider seeing a therapist. Therapy can help you understand and deal with the emotional side of divorce. A good therapist can help you communicate better with your spouse and move forward together in the best way possible for both parties involved.

Get a handle on your finances.

The first thing you need to do is get a handle on your finances. You will want to make sure that any assets you have are accounted for and separated from the community property. You should also take note of what debts you have, as well as any shared ones with your spouse. This will help ensure that you don't overpay or underpay during divorce proceedings.

It's important to break down how much money it costs per month for both parties in terms of living expenses, childcare costs and other expenses such as car payments or student loans. This will give an idea of how much income needs to be added each month after divorce proceedings end so there aren't any sudden changes in lifestyle due to having less money coming in than before.

Check out this post How to Prepare Yourself Financially for Divorce for more helpful tips and tools!

Know what is yours and what is community property.

Community property is a form of ownership that applies to assets acquired during the marriage. It can also be used to describe all assets that were owned by either spouse before the marriage. Community property means that both spouses own equal shares of all community property assets, regardless of which spouse earned or bought the asset during the marriage.

The easiest way to find out what is community property is by checking your state's laws on this issue. You should have this information at hand if you're going through a divorce, because it will determine how much each party will receive if they go forward with a divorce settlement or trial.

Think about which items are important to your spouse.

You need to know which items are important to your spouse. You also need to understand what is not as important, so that you can make a deal that benefits both of you. If your spouse wants the house, but won't budge on anything else, then maybe a compromise is in order. You could consider selling the house and buying another together within the same neighborhood. Doing so would save you money in the long run compared with keeping two homes while trying to split them up during the divorce process and after it's over.

Talk with your divorce attorney like an attorney, not a therapist.

It is important to stay focused on the legal aspects of your divorce. Your attorney is trained as an expert in this area, so let him or her do his or her job and you do yours. You will save money if you don't ask your attorney to be a therapist as well.

If you need counseling, see a therapist; that's what they're for!

In order to get divorced successfully, you should consider legal and financial planning, as well as figuring out the emotional aspects of your situation.

In order to get divorced successfully, you should consider legal and financial planning, as well as figuring out the emotional aspects of your situation.

  • Talk to a therapist or counselor. One way to get started is by talking to a therapist about how you feel about the divorce and what your options are. A good therapist will help you identify your values and goals during this process, which will help guide your decision making going forward.

  • Figure out your finances. Some people want all debts paid off in a divorce; others want none at all (or just half). Either way it’s important that both parties understand where they stand financially so that there aren’t any surprises down the road—especially if there are assets at stake like 401ks or pensions that could be lost due to premature distribution or disbursement without proper guidance from an experienced attorney who knows how best protect their client's interests in these matters.* Figure out what was yours before marriage and what is community property.* Start thinking in terms of what's best for you moving forward - financial security? More time with kids?

While the emotional side of divorce is very important, you also need to keep in mind that it’s a legal process. If you don’t understand all the legal aspects of divorce, then your situation could end up getting much worse than it needs to be!

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