Marriages get rocky. More often than not, both spouses sense that their marriage is living on borrowed time, and in many instances, each one is privately weighing the option of ending the relationship legally. If that’s the stage your union has reached, you could be wondering whether you might be any better off, both legally and financially, if you filed for divorce ahead of your spouse.
Time to Prepare Funds
As soon as you begin feeling that a divorce is looming, you immediately ought to begin setting aside some funds for the expenses you are likely to incur. Ensure you have set aside adequate resources to hire a great divorce lawyer. After all, you could be investing in your future.
You Get to Choose Where Divorce gets Adjudicated
Generally, divorces are decided in the jurisdiction under which they got filed. However, different states have laws that widely differ when it comes to crucial considerations such as division of marital assets and child custody. Consult to confirm which aspects you stand to benefit from for being the one filing for divorce.
Sufficient Time to Gather the Documentation
It is vital to have in your possession all relevant legal and financial documents. When you file first, you go the court well prepared with crucial documents such as tax returns, bank and brokerage statements, wills, trusts, insurance policies, motor vehicle registration, real estate records, and retirement account statements among others.
Time to Assemble your Team in Advance
Being the first to file allows you ample time to assemble your divorce team in advance. This has a great impact towards achieving the best possible results.
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