Phone: 301-738-7770
Steven J. Gaba
Phone: 301-738-7770

The importance of planning and preparation before a divorce

Some marriages reach a point where a divorce seems to be inevitable. The decision to file for divorce can be an extremely emotional time for some Maryland spouses. Making this decision can be a challenge due to the multiple financial and emotional issues involved. A recent article stresses the importance of spouses planning ahead and being as prepared as possible for a divorce and the life that will follow.

The article shows the importance of planning ahead when there seems to be a strong possibility of a forthcoming divorce. This particular individual created of list of everything that she needed to have in order before she could proceed with a divorce. She had previously considered and been talked out of divorcing her husband on a few occasions.

Her actual plan consisted of a multitude of things which would allow her to have better control of her life going forward. One was to get a full time job that offered her health insurance. Another was to get a grip on all of her finances. She created a spreadsheet which allowed her to track all of her expenses. These changes ended up improving her life both before and after the divorce took place.

Divorce should not be about giving up, but rather about moving on toward a better life. The financial future of each individual involved can be drastically affected by the outcome of each case. Property division settlements will have an immediate and long lasting financial impact. Maryland spouses owe it to themselves to be as prepared as possible for a divorce and their life going forward.

Source: Huffington Post, Life After Divorce: Why Every Woman Needs a Plan B, Bridget Mallon, Sept. 2, 2013

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