Tuesday, January 9, 2018

How to Get a Fair Divorce Settlement

Going through a divorce? It is only fair that both sides receive proper and fair settlement. But, this is easier said than done.
One side is always unhappy with the divorce. This is a fact, and 9/10 divorces end up on hostile waters. 

So what are the things you should take into consideration? 

Let’s start with the essentials.

Fair Settlement in Divorce: Basic Elements

Every divorce has many different issues that need to be address, and it is going to require a lot of your time and energy to figure everything out. However, there are 4 basic subjects that have to be resolved in order for the divorce to proceed and be successful:

Child support and all related expenses
Parenting plan and child custody/parenting time
Alimony/ maintenance/ spousal support/ spousal maintenance (if applicable)
Division of marital assets and liabilities. Defining which assets are considered the couple’s marital property, and which are a spouse’s separate property. 

Once these are taken into consideration and solved, the divorce may become final. Keep in mind that each of these 4 subjects takes a lot of time to figure out, and getting out of your marriage may require a lot more time than you think.

In the state of California, there is a waiting period of 6 months. You can use this time to try and reconcile with your spouse, or address the issues concerning the divorce. Speak to Divorce Attorneys in Salt Lake City and learn how you can terminate your marriage right after waiting period concludes, and get a fair divorce settlement

Split everything in two

Common sense says that everything has to be divided in two separate parts. Both spouses will receive equal share of everything they created and produced while married. This included properties, appliances and goods, and shared bank account.

In some cases, one spouse may be granted alimony if he/she is unable to generate as much income after divorce as the other spouse. In order to help that spouse live up to the same standards as he/she was used to while being married, the court will order the spouse with a higher income to pay a monthly alimony. The alimony may be permanent or temporary, depending on the terms and the situation of both spouses. 

Arm yourself!

Before you even file for divorce, we encourage you to seek legal protection and counsel. Our Divorce Attorneys in Salt Lake City have helped many individuals receive proper and fair divorce settlement. Feel free to contact them and schedule your initial free consultation. 

The worst thing you can do is represent yourself. If your spouse shows up with an attorney, and you don’t, the settlement will be everything but fair and equal. Everyone represents their best interests, and you would be surprised to see a once loving husband/wife fight for his/her rights. Be prepared, get much needed legal help and let them represent you and your best interests. It is the only way to ensure that you are given a fair divorce settlement. 

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