Divorce can be a confusing experience, particularly for stay-at-home parents, many of whom have been out of the workforce for years. While divorce law does give you rights to legal decision making and parenting time, securing the financial resources you need often requires careful planning and the advice of an experienced lawyer. Knowing what to do before filing for divorce can help you achieve the best possible outcome.

A Guide to Divorce for Stay-at-Home Parents

1. Collect Your Financial Documents

Receiving a fair divorce settlement starts with a thorough accounting of all your marital assets and debts. Before meeting with a divorce law attorney, collect as much financial documentation as possible, including bank statements, tax returns, W-2s, pay stubs, as well as retirement and investment account statements. You’ll also need any paperwork concerning your mortgage, credit cards, and other liabilities.

2. Set Money Aside

Getting the funds to file for divorce, pay an attorney, and rent a new home can be difficult if your spouse controls the finances. If you haven’t discussed getting a divorce, you may need to save up gradually until you have enough set aside to cover your immediate expenses.

3. Plan a Budget

Before starting a new life, you’ll need to get an accurate estimate of your expenses after divorce. Research current rental listings to get an idea of how much you’ll need to pay, and figure out how much it would cost to stay in the marital home. Don’t forget to include utilities, your share of the marital debts, and any child care expenses you’ll have to pay after going back to work. This will help you decide how to allocate your resources and make the best possible decisions in a difficult situation.

If your marriage is coming to an end, the divorce law attorneys at the Law Offices of Lenkowsky & Fontenot are ready to protect your rights. Their family lawyers have extensive experience serving divorcing couples throughout Bullhead City, AZ, providing detailed advice and personalized attention. Visit their website for an overview of their divorce law services, get more tips and insight on Facebook, or call (928) 758-4815 to schedule a consultation today.