As a child of divorced parents, I know all too well that divorce has implications that spread far beyond the emotional ones. Amid a divorce, it can be too easy to make emotional decisions that can impact your financial picture for years to come. To that end, this article aims to highlight some of the financial implications of divorce and discuss some pitfalls to avoid.
Lawyering Up Versus Mediating
When thinking about divorce, it’s easy to picture the television version. What comes to mind is conflict, name-calling, private investigators, and telling your lawyer to take them for every cent they’re worth. Lawyering up ensures that your interests are prioritized, but it can be very costly.
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