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Seeking alternate routes to avoid costly divorce issues

Thursday, June 29, 2017

It is no secret that when a couple decides to end a marriage, the costs can mount fast. In cases in which divorce issues are prevalent, each individual often finds him or herself on the warpath, which can complicate matters further. For Texas residents considering divorce, it may be a good idea to think about a less-aggressive tactic. 

In some cases, divorce mediation can be extremely effective. While securing the services of a mediator does not preclude the need for attorneys, the mediation process is designed to be less combative and focuses on the main points of most divorces. Child custody, division of assets and debts, and other major pillars are tackled, laying the groundwork for how the divorce will proceed. 

In other cases, couples may choose to entertain the possibility of collaborative divorce. In collaborative divorce situations, both individuals retain counsel and then sit down to discuss the major points listed above. This may sound similar to mediation, but it is meant to address more contentious divorces, allowing the situation to be stabilized through temporary agreements. 

Texas residents can agree no divorce is the same, and divorce issues faced by individual couples can be as diverse as the couples themselves. However, it is important to consider the long-term ramifications of how a divorce is handled not only in terms of each individual's finances but also in terms of how the separation will influence each of them and any children who may be inadvertently involved. Seeking out low-aggression tactics to deal with divorce and securing the support of qualified professionals can go a long way toward turning a difficult situation into a much simpler one. 

Source: Forbes, "Avoid The Financial Pitfalls Of Divorce", Michael F. Kay, April 12, 2016

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