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Speeding through a divorce can cause long term financial issues

Tampa residents who are contemplating a divorce face an immensely difficult decision. A divorce can alter one's whole life, and bring a number of significant changes. While divorce is sometimes the best decision a person can make in their particular situation, it doesn't necessarily mean it is the easiest decision. It can be difficult to separate logic and emotions when determining whether to proceed with a divorce.

While it may seem obvious, emotions can cloud logic and make well-reasoned and thoughtful decisions during a divorce difficult. In a haste have a divorce move along as quickly as possible, individuals can take an apathetic approach and overlook important financial considerations that may impact their long term future. It can be human nature to avoid pain and difficult times. However, when deciding to go forward with a divorce, it is important to logically slow down and thoroughly evaluate your position financially in order to maximize your settlement, rather than rush through the proceedings and later regret your decision. It is understandable that a person would want divorce proceedings to be resolved in a timely manner. However, agreeing to poor terms just for the sake of "getting it done with" may come back to haunt you in the future. Allowing time to pass to think about things, or sleeping on a big decision may help bring mental clarity and result in a future pay off.

As a result of the media, or perhaps from personal experience, most people have a general idea of how a divorce works, and that the timeline can range drastically depending on a number of factors including the amount of assets and if there are children from the marriage. A divorce will divide property, and can help to determine which partner gets what in the divorce. If the spouses cannot settle out of court, a judge will make a decision determining the division of assets, support obligations, and if applicable, child custody and visitation.

Contemplating divorce can require soul searching and answering many difficult questions. Should you decide to proceed with a divorce, an attorney can help walk you through the process, as well as evaluate your case. While the coming months may prove to by trying, a divorce will end one chapter of your life, so you can begin writing the next one.

Source: Huffington Post, "Divorce: Take Time for Emotional Clarity in Decisions," March 19, 2013

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Busciglio & Sheridan Law Group
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Tampa, FL 33603

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