Top 10 Mistakes people make when considering a Divorce | Uncover Fraud

In this video, I will discuss the top 10 mistakes people make when
considering divorce that will help ensure you get your fair share
regarding your divorce settlement.

• If you suspect your spouse is also planning a divorce, get as much information as you can now.
• If you and your spouse can work together to reach a fair settlement on most or all of the issues in your divorce (eg., child custody, child support, alimony, and property division), choosing mediation to resolve your divorce case may save thousands of dollars in legal fees, expert opinions and emotional aggravation.
• Hiring a lawyer to punish your spouse will cost you because your lawyer will need to increase the number of hours spent on your case.
• Work together with a divorce financial planner or tax accountant to minimize the total taxes you and your spouse will pay during separation and after divorce; you can share the money you save.
• Divorcing spouses usually underestimate living expenses when they produce their initial budget for temporary alimony and later find that they aren't able to cover all of their bills.
• If you're trying to decide whether your spouse's proposed divorce settlement is fair and workable, you should try to figure out how the settlement will impact your finances in the years ahead.
• The marital residence, the pension you earned, a painting purchased during your marriage - these assets often bring an emotionally charged debate to divorce negotiations, which can impair good decision-making.
• A settlement that does not give one spouse enough money to live on is likely to go into default in the future.
• Your ex-spouse's premature death or disability can be devastating and may result in a loss of alimony, child support, college tuition, or property settlement payments.
• Financial planning can help people transition from a married to a single lifestyle by prioritizing financial goals, developing realistic expectations, and producing sound plans for the assignment and division of financial resources.

With more than 19 years of experience, David has acted as a litigation consultant, expert witness, forensic accountant and fraud investigator. David has consulted, testified and authored expert Forensic Accounting and Investigative reports accepted and used in civil, criminal and public inquiry proceedings.

Contact me at:
uncoverfraud.com
[email protected]
1(888) 777-4416