$$ Financial Planning before filing Divorce $$

Working as an attorney in a family law practice in Baton Rouge, most people want to know what steps they need to take before filing for divorce. The top thing to consider is how you are going to stand financially both during and after the divorce. You must consider that you will be moving from a two-income household to a one-income household and living expenses will most likely double unless you are planning on moving in with family members. You will also encounter attorney’s fees and legal costs for the divorce and custody. To ensure a smooth financial transition during this period, we recommend that before you make the final decision to get a divorce that you fully understand your current financial status and what you will to live on during the divorce process. You can obtain, without your spouse’s knowledge, current balances on credit cards, mortgages, car loans and other debts. Determine how much you are going to need for living expenses for the next 6-12 months. Meet with an attorney to discuss these issues and find out if you are entitled to collect child support or spousal support to help with these additional expenses.

Our firm offers free initial consultations for  anyone who is interested and would like to get the facts. We are  a local firm in Baton Rouge with several attorney’s specializing in family law and are here to help!

Chuck Fulda

By |2017-05-18T22:53:04+00:00November 7th, 2012|Family Law|Comments Off on $$ Financial Planning before filing Divorce $$

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