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Divorce factors can be many and diverse: plan accordingly

Nobody who has ever contemplated or gone through a divorce views that life event as a casual endeavor. Indeed, the marital dissolution process spells for many people a journey and life passage that is notably complex and challenging.

We prominently note that reality on our website at the long-established Michigan family law firm of Hauer & Snover in Bloomfield Hills. We stress therein that, “Everyone knows that divorce – even an uncontested divorce – is a difficult thing, emotionally and legally.”

An assembled marital law panel from the national publication Forbes recently weighed in concerning just how challenging divorce often is. The commentators lead off with this obvious but often neglected point: Given the many varied factors that divorcing individuals must typically deal with, it is a common outcome that “people in the midst of this difficult process may neglect to take essential steps to ensure their own financial well-being.”

Taking those steps – in a reflective, timely and comprehensive way – is invariably a critically important requirement for any impending ex seeking an equitable divorce outcome and post-dissolution financial traction.

The Forbes team spotlights some financially tied concerns that divorcing parties will want to focus closely upon. They centrally include these dual considerations:

  • Documentation (a proven divorce team can help ensure a clear and concise recording of all financial/asset-linked data)
  • Creation of a divorce team (legal counsel can help assemble experts in tax law, accounting, asset tracking and other areas that might require special focus)

The Forbes writers note that “many of the finer details can go unnoticed” during the divorce process. Timely and on-point input from an experienced family law legal team will ensure that such is not the case.