WHEN YOU HAVE DECIDED TO GET A DIVORCE – WHAT TO DO NEXT
- Hire a divorce lawyer
- Start saving money. Divorces can be expensive and you need to start setting money aside to fund the divorce. You will also have to meet your monthly expenses with a single income and a healthy nest egg will make this easier as you adapt to a new budget
- Open a new checking and savings account in your name alone and have your pay check deposited into the new account
- Close joint checking account after discussing with your attorney what you can do with the balance in joint accounts
- Close joint credit cards or remove the other spouse’s name
- Open new credit card accounts in your name only
- Stop spending money on nonessential items and do not make any big ticket purchases
- Continue to make payments on your monthly obligations such as rent or mortgage payments, utility payments, credit card payments, car payments, etc Protect your good credit
- Document your spouse’s income
- Make a list of the assets in your home, take photographs or video to help you document marital assets
- Photocopy titles of automobiles, motorcycles and recreational vehicles
- Gather a list of all debts; names, addresses, account numbers, amounts
- Document household expenses
- Photocopy important financial documents such as bank and credit card statements, pay stubs, tax returns, and receipts for big ticket items
- Open a safe deposit box in your name and store the above documents, photos, and videos in safe deposit box
- Get a PO Box and change your address on all your personal bank accounts, credit card bills, and other confidential correspondences
- Meet with an account or financial planner to help you prepare for the economic impact of a divorce
If there are children
- Keep a diary of the extra curricular activities of your children and who takes the children to these appointments
- Document evidence of drug or alcohol abuse that would prove that your spouse should not have or have limited custody of the children
Call today for a consultation with RS Law to confidentially discuss how to proceed with a divorce in Missouri.