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Thinking of Divorce in the New Year? You Are Not Alone.

On Behalf of | Jan 4, 2019 | High-Asset Divorce |

Divorce rates spike after the holidays. This is true both after summer and winter breaks. Researchers point to many possible reasons for this increase. Perhaps the stress of the holidays with extended family and travel was the deciding factor. Others say couples may have wanted one last holiday or summer break as a family before moving forward with the divorce.

Whatever the reason for the timing, research supports the fact that divorce filings go up in the months immediately following winter and summer break. So those who currently find themselves putting away holiday decorations and considering moving forward with a divorce proceeding are not alone.

If you find yourself amongst this group, you can help prepare with the following tips:

  • Be logical. The end of the personal relationship is emotional, take the time and counsel you need to heal from the end of the relationship. However, it is important to keep in mind the divorce proceeding itself is the end of a legal contract. Attempt to make this distinction and enter the divorce logically. This can help to better ensure your interests are protected.
  • Know what assets are present. Marital assets are divisible in a divorce proceeding. Gather information about which marital assets are present before moving forward with the divorce. This can include savings accounts, retirement accounts, business interests, and property.
  • Determine priorities. Before entering negotiations, determine which assets are most important. This can help when putting together your divorce strategy.

Finally, seek legal counsel. An advocate in your corner can help fight for your interests. This can lead to a fair divorce settlement agreement and help ease the transition into a successful post-divorce life.