The divorce agreement is NOT a direct science. If the divorce settlement was a statutory equality, we would not need courts and lawyers to resolve the issues.
Courts are often required, under Family Law, to consider various factors in determining who gets what. Too many women share 50% of marital property WITHOUT looking at issues such as the significant difference between your husband's income and your weekly / monthly income and any limitations on your age or health potential.
Another mistake is to let another partner keep the marriage home EVEN if you can afford it. Commodities tend to go up in value without you doing anything. If you transfer this and your spouse pays you then the problem is that you do not have enough money to buy your property.
Money, stamp, legal fees etc. can set you up to buy another home where you are not available. You are left with a deadline for rent. While it is not a common mistake, some women will want to keep the marriage home where they cannot afford to pay. If buying your husband's share of the house will involve taking out a large loan, you need to include monthly PLUS loan payments such as pricing, building insurance, public debt insurance and general repair costs.
Only then will you know whether you can afford to keep the house or not. Failure to consider other issues such as child support and child support BEFORE agreeing on the division of marital property is another problem. These are not isolated issues. It is the current value of the property under consideration — not the value of the exchange.
This means that if a family car costs $ 10,000, it is often best to keep it. Too many women find themselves in need of a car to transport children to and from school, football training, etc. And double using what the family car was supposed to change. The same mistake is sometimes made when it comes to wedding furniture and effects.
They are usually second-hand (even newly purchased) and therefore not worth a lot of money. For example, a refrigerator you paid $ 1,000 for a new price can now cost a few hundred dollars. Keeping a lot of furniture (if in good condition) will prevent you from paying too much money to replace it.
Residences can be peaceful at times but this does not mean that they are not equal. Do not accept the increase in the amount of money your husband may be putting on the property you want to keep and the lower price he may place on any property he wants to keep. It’s amazing to find women (and sometimes men) arguing over small things.
By that I mean, fighting for things with a small amount of money. It is useless to pay hundreds of dollars in legal fees as to who will receive a $ 50 wedding vouchers or a $ 150 stamp collection. Another mistake is to look at other assets such as boats, trailers, equipment, pensions, pension funds, shares, stocks and life insurance as marital assets and / or financial resources.
Too many women believe that if they go “soft” in their mortgage rights, their husbands will be easier to deal with when it comes to children. This method rarely produces the desired result. The real result is that your spouse sees you as a weakling. Another common mistake is to seek financial advice from an attorney instead of a financial plan. What do lawyers know about financial planning?
Some women come to believe that by reaching out for an informal agreement with their husbands that is a legal obligation. Not so — even if it is in writing and both parties have signed. Finally, too many women simply donate to their husbands because that is what they have been doing. Now is the time for independence. You are facing a divorce and divorce, which means more than ever, you should be more concerned about your financial future!
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