Do I Need a Divorce Lawyer If We Agree on Everything?

Think You Agree on Everything in Your Divorce? Don’t Overlook These Issues

Agreements Regarding the Marital Home:

  • Who will pay the mortgage, taxes, and insurance while the house is on the market?
  • Who will live in the house while it is on the market?
  • What if the marital home does not sell and the price needs to be adjusted?
  • What if there is a major repair necessary while the house is on the market?

Addressing Life Insurance:

  • How much is the death benefit?
  • Can the owner of the insurance policy borrow against the death benefit?
  • Are you the only beneficiary or one of the beneficiaries of the insurance policy?
  • Does the death benefit change over time due to the change in the obligation over time?
  • Who is the owner of the insurance policy?
  • How can you be assured that the premiums are paid?

Agree to Share Retirement Accounts:

  • What type of retirement account is it?
  • Is it a defined benefit plan (amount received is based on years of service and income earned)?
  • Is it a defined contribution plan (amount received is based on the amount you put in)?
  • Who is going to draft the legal documents necessary to divide the retirement accounts?

Agreements Regarding Division of Debts:

  • What if you have a debt that is joint — who is going to pay for that?
  • What if your spouse files for Bankruptcy after the Divorce and the Creditor comes after you.
  • What if there are debts that you don’t know about and are not disclosed.
  • What if they agree to pay your debt but then fail to pay it.

The Marital Settlement Agreement

Agreeing on Everything in Your Divorce Has Its Benefit

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Anderson & Boback Family Law

Anderson & Boback Family Law

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When Everything Is On The Line, You Need An Attorney You Can Trust, That Will Advocate & Fight For Your Family! We Can Help!