Talking About Family Attorney Services

What Are The Steps To Create A Divorce Exit Strategy

27 March 2023

Norman Kelly

Divorce is never an easy process, but having an exit strategy in place can help make the process smoother and less stressful. Here are some steps to help create a divorce exit strategy:

Identify Your Priorities 

The first step in creating a divorce exit strategy is to identify your priorities. This can include determining what is most important to you, such as child custody, property division, or financial support.

Consult With Professionals

It is important to consult with professionals, such as an attorney and financial planner, to ensure that your divorce exit strategy is well-informed and comprehensive. They can provide guidance on legal and financial matters and help you understand your options.

Consider Your Financial Situation

Divorce can have a significant impact on your financial situation. It is important to create a budget and assess your financial needs post-divorce. This can include determining what assets you need to retain or sell, and how to plan for any ongoing financial obligations such as child support or alimony.

Plan for Child Custody

If children are involved, it is important to create a plan for child custody and visitation. This can include determining a parenting schedule, coordinating activities and transportation, and establishing guidelines for communication and decision-making.

Gather Important Documents

It is important to gather all relevant documents, such as financial statements, bank account information, and property deeds, to ensure that you have a complete picture of your financial situation. This can also help to ensure that you receive a fair division of assets.

Create a Support System

Divorce can be emotionally draining, and having a support system in place can help make the process less stressful. This can include friends, family members, or a therapist.

Keep Communication Lines Open

Even if the divorce is contentious, it is important to keep communication lines open to ensure that the process remains as smooth as possible. This can include communicating directly with your ex-spouse or through a mediator.

Set Realistic Expectations

It is important to set realistic expectations for the divorce process. This can include understanding that the process may take longer than anticipated or that certain goals may not be achievable.

Review and Adjust as Needed

Finally, it is important to review and adjust your divorce exit strategy as needed. This can include reassessing your financial situation, revising your child custody plan, or seeking additional professional advice.

Creating a divorce exit strategy can help make the divorce process smoother and less stressful. Contact divorce attorney services to learn more. 

Share

Search