Going through a divorce is one of the most complex challenges that many adults in the United States will have to face. While divorce statistics are hard to measure 100 percent accurately, the Centers for Disease Control and Prevention claims that in 2011, there were more than 800,000 divorces and annulments in 2011.
This places the divorce rate at more than 3 per 1,000 people. It is a common yet difficult process.
If you are considering divorce or are in need of advice, contact an experienced Queens divorce attorney for assistance. Established divorce attorneys have seen a range of cases, and they can use this knowledge to represent your interests. If you are looking for a Brooklyn divorce lawyer, give The Law Office of Elliot Green a call at 718-260-8668. We offer a free 30-minute initial consultation to learn the particulars of your case.
If you are a woman who is planning to divorce, be sure to consider these three financial tips:
1. Collect All Financial Documents
Forbes suggests that it is very important for women to collect all financial documents and relevant statements including those from banks, credit card companies and insurance agencies. Your divorce lawyer will be able to help you identify the most crucial documents to retain or gather, but Forbes suggests the more information you can get, the better. Having these statements available from the beginning of the process will help you avoid confrontations and complications down the line.
2. Get a Copy of Your Credit Report
It is important to obtain a copy of your credit report and evaluate it for any errors or inconsistencies. Forbes states that this is the foundation of your future, and it is important that your credit report and score are in order from the beginning of the divorce process.
3. Shift Accounts Into Your Own Name
As with men applying for divorce, it is important to begin moving your accounts into your own name. According to Forbes, as a single woman, you will need financial independence, and this begins with obtaining your own bank accounts.
There is no right or wrong time to open new accounts in your name, but experts emphasize that it is never too soon. Credit cards can be particularly difficult to obtain in your own name depending on your own earning or financial situation. Speak to a lawyer or a financial advisor if you have questions about this process.
A divorce is a difficult time for couples, especially when considering the financial repercussions. If you are going through a divorce or are thinking about filing, it is important to consult a legal specialist to assist you. At The Law Office of Elliot Green, we will evaluate your case in a free 30-minute consultation and work hard to ensure the best possible outcome. Call us today at 718-260-8668 to schedule an appointment with an experienced family attorney.