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How to keep the upper hand in your divorce

Divorce is one life situation through which many people in the Dunn area believe they will lose most or all of their financial assets. As challenging as it can be on your finances, you may not realize that this creates a great opportunity to get your financial issues in order, so you can improve your post-divorce outcomes

Do not make assumptions based on your current knowledge of the law and your circumstances. There are many factors that the courts use to settle your divorce. To alleviate some of the stress and frustration as you resolve your situation, here are some things to consider to keep the upper hand. 

Read over everything 

Be sure to read over every document you receive during your divorce to ensure that you do not agree to anything you do not understand or want. Once you sign a document, you are saying you are fine with all of its information and stipulations. If you do not read something and you sign it anyway, you could end up with issues that make it harder for you to manage your personal financial situation once your divorce is final. Protect your own interests and pay attention. 

Do not assume your ex-spouse will honor a verbal agreement 

You and your soon-to-be ex-partner may have reached some kind of verbal agreement on different things regarding your divorce. While being amicable and able to negotiate the terms can help to speed the process up and improve the chances of you both getting more of what you want out of the divorce, your verbal agreements may not be legally binding. There is also the possibility that your partner no longer wants to abide by your verbal agreements. If you do not get it in writing and out in the open for the courts to enforce it, you may have a challenging time getting your ex to stick to it. 

No matter how much you may care for your spouse, plan your divorce out as much as possible to protect your interests. Make financial goals and review everything to keep your partner from taking advantage of you while you make your separation permanent.

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