When filing for divorce, many Texas couples may be concerned about costs and other issues. Some couples may try to reduce costs by using mediation, which allows both parties to negotiate the terms of their divorce. However, when the parties cannot agree, then they may choose to fight it out in court. Like with anything, it helps to be prepared, which is why it’s important to know what types of questions to ask your lawyer.
Of course, cost is a factor in a divorce. This is true not only for those on a limited budget, but for those with millions of dollars in the bank as well. Although a lawyer may not be able to tell you exactly how much your case will cost, he or she should at least be able to break down the cost structure and give you a rough idea so you can be prepared.
Couples going through a divorce may also wish to know how they will be affected by child support or alimony. Will you be the payor or payee? Your lawyer should be able to give you an idea of what to expect based on the financial information you provide. This should include assets, such as paycheck stubs, bank account statements, retirement accounts and stocks. In addition, you’ll also want to provide evidence of debts, such as credit card statements.
It helps to be in the know when it comes to the most important things in your divorce: assets and children. Work closely with your attorney to ensure that you provide all the required documents. The more information you can provide, the more likely you are to reach your goals. You’ll be better-positioned to reach the resolution you desire and move on with your life.
Source:
Huffington Post, “Divorce Confidential: Asking the Right Questions in a Divorce” Caroline Choi, Dec. 04, 2013
