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It is a contract, get it in writing

With a divorce, emotions often run high, and rationality often is in short supply. A person with whom you promised to love and cherish always, you now no longer wish to spend any time with, and to make matters worse, you have to cooperate with them throughout the process and if you have children, for years to come.

One of the best reasons to work with an attorney through this process is they have been through it, and numerous other family law situations like yours, and they are not clouded by emotion. This allows them help guide you through the divorce process and to tamp down your emotions and keep you focused on the issues that will have long-term consequences. 

Your finances are important, because even if you have relatively substantial marital assets, dividing them to serve two households will likely to leave you with a different standard of living. It simply is more expensive to manage two sets of homes, and all of the associated costs.

So it is vital that you understand your finances before the divorce, so that you can make meaningful choices during the divorce. If your spouse has their own business or professional practice, you may need an accountant or even a forensic accountant if you suspect they could be hiding assets.

A very important element to keep in mind is a divorce settlement is a contract, and in order to be enforceable, everything needs to be written into the contract. It is not a matter of trust; it is a matter of contract law.

While it is nice to operate on a handshake and a "gentleman's agreement," a divorce is probably one of the worst places to expect such an agreement to work. From child custody

Source: mainstreet.com, "3 Worst Financial Mistakes You Can Make in a Divorce," Kathryn Tuggle, May 28, 2015

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