Delaware Ohio Divorce Attorneys
There are benefits to filing for divorce, rather than dissolution. Specifically, divorce puts restraining protections in place on the party’s assets and debts. This means that if one party controls the finances he or she is restricted from moving the money while the divorce is pending. This is particularly helpful in high net worth divorce cases, as spouses sometimes try to hide assets to protect them from property division. In a divorce, you can also ask the court for temporary orders to provide income and parenting plans until the divorce is finalized.It is not uncommon for people to think a dissolution is not possible in their case, particularly when complex issues such as the division of a business, retirement savings, and stock options are an issue. However, dissolution has many benefits over litigation, as well. For example, if you can reach an agreement with your spouse, you can keep the details of your divorce confidential. Litigation means talking about your most personal details in open court, which then becomes public record.
At Lawrence Law, our skilled attorneys have the necessary experience and expertise to advise on all aspects of your divorce case, no matter how complex. We work with the top experts in several industries, including CPAs, financial planners, childcare development experts, business brokers, and more to ensure no detail of your divorce case is overlooked. These experts will work together to resolve the issues of your divorce, so your case proceeds as quickly and smoothly as possible. Call our skilled attorneys at Lawrence Law to learn more about why we are the right fit for your case.
Five Common Mistakes to Avoid During Divorce
When going through a painful divorce, it is important to remain objective, focus on your long-term needs, and hire an experienced divorce attorney in order to avoid making mistakes that could jeopardize ensuring you receive what you desire. If you head into a divorce angry and looking for a fight, you are less likely to set yourself and your children up well for the future.
1. Ignoring Tax Implications
Your tax liability will change after a divorce and you need to be prepared. Your liability as a single individual may increase or decrease. You may have more or fewer deductions depending on where your children live or if you pay child or spousal support. An experienced attorney will consider tax implications when negotiating a property and financial settlement so you are not hit with a huge bill. When complex tax issues arise in your case, we will reach out to our tax specialists that can advise on the implications you may face, and how to protect your financial future.
2. Using Children as a Bargaining Chip
It can be easy to use time with the children as leverage for other issues in the divorce. But dragging your children into the divorce can ruin parent-child relationships and make the situation emotionally difficult for the kids. It is best to leave issues surrounding the children separate from other factors within the divorce.
3. Ignoring the Relevance of Social Media
What parents put on their social media is becoming more relevant to child responsibility and custody decisions. While the court will not look at factors that do not affect the parent-child relationship, the court can consider social media content like Facebook posts and tweets when determining who gets custody of the children.
A parent’s social media posts regarding alcohol and drug use may reduce his or her chances of gaining parental responsibilities. On the other hand, these posts can also be used to support the presence of a parent-child relationship.
4. Not Reviewing Facts, Figures, and Documents
You should always be aware of what your divorce documents say or what a piece of paper states before you sign it. You should work closely with your attorney so that you can review documents before they are submitted to the court. You should also ask to review court documents before they are submitted. These documents are sometimes complex and filled with technical language. We will reach out to our network of tax specialists, business brokers, and other professionals who can fully explain what they entail and ensure they are completed accurately.
5. Not Updating Your Will
Once your divorce is finalized, you should immediately draft a new will. Now that you are single, you need to decide who inherits your property instead of your ex-spouse. You may leave it all to your children or decide portions of the estate go to other family and friends. Our experienced attorneys do not only have an extensive understanding of family law, but we can also assist with your estate planning needs, including updating your will, so your family’s future is fully protected.
Other Delaware Practice Areas
Family Law | Paternity | Prenuptial Agreements | Stepparent Adoption | Adoption | Grandparent Visitation Rights | Mediation | Divorce | Spousal Support | Equitable Distribution | Military Divorces | Social Media in Divorce | Dissolution | Contempt & Enforcement | Post Divorce | Relocation | Business Owner Divorces | Tax Issues | Child Custody | Grandparents Rights | Same-Sex Couple Child Custody | High Asset Divorces | Equitable Distribution | Retirement Assets | Estate Planning