Top 5 Mistakes People Make During Divorce
A divorce is a complicated process, no matter how you look at it. Most people only experience divorce once in their lifetime, making this the first time they have gone through it. It can be confusing, as with anything new, making you feel as though you are traversing uncharted territory and unclear about how to prevent errors. That’s why it’s wise to take professional assistance from a qualified Birmingham divorce attorney to protect your rights!
1. Inability to obtain a financial order.
Many people opt to handle the divorce process on their own, especially with the internet system. The common fallacy is that your decree absolute involves severing your financial ties.
Certainly not! You need a financial order to provide a clean break and stop future financial claims from being made, even if you and your partner have already agreed on the financial parts of your partnership. Considering how complicated they can be and how important accuracy is, financial orders should ideally be written by a lawyer with experience in this field.
2. The absence of a financial plan
A statement that you desire 40%, 50%, or 60% of the assets is not worthwhile if you are unaware of what the “Will” entails and what it means in practice. Consult a financial planner and your lawyer to determine what the percentage means so that you may make a well-informed decision.
3. Filing an application in court immediately.
The only option left should be going to court. Nobody wants a judge making significant life decisions on their behalf who doesn’t know you, your ex-partner, or your children. It is emotionally taxing, dangerous, and expensive to go to court.
Make sure to look into lawyer negotiation, mediation, and arbitration before filing court applications. These techniques will likely give you far more control while also saving you money.
4. Accepting capital assets as a deduction for child maintenance
As an alternative to continuing to pay monthly child support, a primary caregiver may offer a lump-sum payment in return for a larger share of the marital estate.
No, is the response. As far as ending child maintenance obligations or removing the child maintenance agency’s authority is concerned, there is no clear guidance.
5. Remarrying before settling finances
You can lose the ability to request a financial order if you are remarried without one. In light of this, you cannot rely on the Matrimonial Causes Act of 1973 or the justice it seeks to achieve.