How to keep your finances organized during a divorce

Although a divorce is often intensely emotional and difficult, it can also be overwhelming in a logistical sense.  Our lawyers at understand this. You will find yourself entrenched in a complicated legal system, as well as the long process of separating your home and your finances from your husband or wife. Therefore, it is no wonder that staying organized is one of the most difficult – and yet most important – aspects of successfully navigating a divorce and starting over.

According to Jeff Landers, a family law attorney and Forbes columnist, the first step to remaining organized and in a good financial situation is to gather all of the documents that are relevant to your finances. These should include bank account and credit card statements, tax returns, mortgage documents and the like. If nothing else, find the year-end statements for all of your accounts. Make copies of all of the documents and store them in a safe place.

Next, Landers says, get an assessment of your financial big-picture both during and after your marriage. A financial planner or other third-party professional can help you do this. Then, start to monitor your spending to ensure that you are not going beyond your means.

Third, open new bank accounts and credit cards in your own name. It is best to do this before your divorce becomes final so you are ready when that day comes.

Finally, Landers advises, establish a private means of communication with banks and financial companies and your legal team, to ensure that your spouse is not able to derail your plans for the future. With this, you should hopefully feel more organized and prepared to tackle the next step of your divorce process.

Highly publicized custody battle resolved

One of the most disagreed upon aspects of a divorce is child custody. Parents may each want to have sole custody or may want more visitation time than the other spouse thinks they should get. A child custody agreement can have a huge impact on the lives of the children involved. It is important to remember that acting in the best interest of the children is the most important thing in these situations.

A recent cross-country custody dispute over a 2-year-old girl was finally settled last week. The custody battle between the girl’s foster mother – the only parent she has ever known – and her biological father ended last Monday. It was decided that that foster mother, who lives in Orange County, will gain custody, and the girl’s father, an Ohio resident, will receive some visitation rights, which had not been worked out.

The foster mother said she was shocked when the father’s lawyers approached her about working out a settlement.

The foster mother, who is unmarried, decided she wanted to adopt a child after several failed attempts at having her own. An adoption agency introduced her to the young girl’s mother, who gave the foster mother custody when the baby was born.

After some question over whether the girl’s father was actually the biological father, a paternity test proved he was. He had filed a paternity claim a few months before. He has spent time in prison for domestic abuse and has lost his license numerous times for failing to pay child support.

The girl’s foster mother says she will not shut the father’s family out. She says her primary objective in maintaining a relationship is so that the girl can know her two half-sisters, who are in the custody of the man’s mother.

Resolving a child custody dispute can be very difficult. Experienced Coral Springs divorce attorneys understand the complexities of such cases and know that the children’s best interest is always the most important thing.