You are only human, and it is natural that you make some mistakes when undergoing a complicated and unfamiliar process. However, mistakes during the divorce process can end up costing you dearly.
Fortunately, you can benefit from the experiences of others in learning to avoid some of the most common and costly divorce mistakes.
- Neglecting to learn financial matters
Many of the decisions you will have to make during your divorce pertain to your finances. Nevertheless, you may be one of many people in the United States who lack financial literacy. This is not necessarily your fault, as this skill usually comes not as a result of classroom education but life experience.
You can benefit from taking responsibility for your own financial education during the divorce, and it will continue to be an advantage the rest of your life.
- Making unwise choices when remarrying
You may think that your experience during your first marriage has taught you enough to make your second marriage successful. Unfortunately, the opposite is often true: The more complicated life and financial situations after a divorce can make remarriage more difficult, and second marriages have higher divorce rates than first marriages.
Since your financial situation may be more precarious later in life, you may wish to protect yourself in the event of a second divorce with a prenuptial agreement.
- Ignoring the details
It is important to pay close attention to details, especially financial details, not only during the divorce but afterward. This is especially true if you have children. During the divorce proceedings, you will use the details to put together a parenting plan, but after divorce finalization, you will need to put that plan into action. This includes keeping accurate records of support payments, costs, etc.
There is no guarantee that your divorce will turn out exactly the way you want it to. However, avoiding mistakes such as these may help make your life better during and after the divorce.
