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Tips for spouses contemplating divorce in the New Year

The American Academy of Matrimonial Lawyers indicates that the first quarter of every new calendar year sees a jump in the number of divorces that are initiated. Many couples in Georgia and around the nation wait through the holidays before making the decision to end their marriages sometimes for the benefit of their children or other family members. It turns out that this waiting to file for divorce may actually be the best thing for people to do.

Divorce, like marriage, is as much a financial transaction as an emotional one. Making the choice to get divorced when emotions are running high could well backfire and end up costing couples dearly. When one spouse approaches a divorce in an angry state and tries to push too hard, the length of time that it may take to negotiate a settlement can be dramatically more than when a cooperative approach is employed.

When divorces go on for extended times, the costs associated with them can also escalate. Spouses considering divorce should also take the time before filing to evaluate their financial situation. Collecting the names of all accounts and financial institutions can help make it easier for an attorney to know which records to subpoena before delving into a property division agreement, for example.

Making a decision about divorce should be done intellectually, not emotionally. Talking with an attorney may give Georgia spouses the help they need to look at all aspects of their marriage without emotion involved and make the right choices for their situation.

Source: Market Watch, "Avoid these common mistakes if you're filing for divorce in January," Quentin Fottrell, Dec. 31, 2016

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