No one walks down the aisle with divorce planning in mind, but it happens to more couples than you might think. If you're facing one, it's important to understand the different types of divorce and which one is right for you.
Many people’s understanding of divorce is based on what they’ve seen on TV or read in books, but luckily there is far less drama in real life! In this article, we will discuss the four most common types of divorce: no-fault divorce, uncontested divorce, simplified divorce, and legal separation. We'll give you a brief overview of each type with some divorce help so you can decide which one is right for you.
No Fault Divorce
A no-fault divorce is the most common type of divorce. In a no-fault divorce, neither party is held responsible for the breakup of the marriage. Instead, the focus is on moving forward and starting anew. When considering divorce and your money, a no-fault divorce costs far less than a fault divorce. California was actually the first state to implement a no-fault divorce, but this option is now available in all 50 states of the United States.
An uncontested divorce is the second most common type of divorce. Much like the no-fault divorce, neither spouse is fighting the process. Both parties agree to end the marriage and also agree on all terms of the divorce, including division of assets and child custody arrangements. This type of divorce can be quicker and easier than other types of divorce because it doesn't require a trial or lengthy negotiations. It’s also one of the cheapest ways to get a divorce, which is something to keep in mind as you do your divorce financial planning.
A simplified divorce is another option for couples who want to end their marriage quickly and without hassle. In a simplified divorce, both parties must agree on all terms of the divorce before filing. This includes the division of assets and child custody arrangements, although it is best suited for people who haven’t been married for long and don’t share many assets or children. Once these terms are agreed upon, the divorce can be finalized relatively quickly and without a lengthy court battle. This option is not available in all states, however.
Finally, legal separation is an option for couples who want to live apart but remain married. In a legal separation, the couple remains married but lives separately. Top divorce tops: this type of arrangement can be beneficial for couples who want to test the waters before getting divorced. It can also be helpful for couples who have religious or moral objections to divorce. Financial and custody agreements are typically included in the separation agreement, and this is used as a basis of the divorce agreement (if things proceed to that point).
If you're facing a divorce, it's important to understand the different types of divorce and which one is right for you. No two divorces are alike (just like no two people are alike), so it's important to consult divorce professionals who help you navigate the process and make sure your rights are protected.
Not sure which divorce process is right for you? Check out our post, FOUR COMMON WAYS TO DIVORCE
Divorce is hard. Divide & Thrive makes planning for one easy.