Going through the process of a divorce is not easy for anyone but knowing what you need to do to prepare while some of the most common issues impacting them in a divorce can help you feel more prepared. Read on to learn some key tips regarding what to do if you are a man facing divorce.
Know your numbersÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â
You may have to be responsible for paying an attorney, experts and real estate costs associated with dividing up the shared marital property, as well as finding a second place to live. Additionally, you may need to spend money on therapy for you and or your children.
The cost of the divorce in total can vary significantly, but you can consult with your Bronx divorce attorney to get some sense of what it might look like for you. If you have a business, then you may also need to hire additional niche experts like a forensic accountant so that your business can be properly valued.
Create a post-divorce budget for your life
A divorce represents a significant change in your personal life, but it may also represent a major change in your financial life. This is why you need to put together a budget that you can stick with and adjust to the new expenses such as paying for an attorney, the child support or spousal support. Everyday expenses will also change over the course of the divorce as well.
Divide things equitably
It is easier said than done to split things directly down the middle and because of the fact that you may still have some emotional attachments to your former spouse, it is easier to have an unequal division of property agreement. This is typically the case with men who are used to taking care of their spouse financially. Make sure to divide things equitably and stick with the court’s rules about this.
Jayson Lutzky is a divorce and family attorney in the Bronx, New York. He helps parties agree to settlements on equitable distribution of their property during divorce. Mr. Lutzky offers free in-office initial consultations. Call 718-514-6619 to set up your consultation. Visit www.MyNewYorkCityLawyer.com to learn more about Mr. Lutzky.