Settle Your Divorce? Tips To Save You Time And Money

If it can save you time and money to settle your divorce, would that make a difference? Most people will agree that time and money are top concerns during a divorce. And, if there’s a way to save either time or money during a divorce, it is worth some considering.

How do you save time and money in a divorce?

How to Work Towards a Divorce Settlement

TAKE THE TIME TO THINK ABOUT ALL THE ISSUES THAT NEED TO BE RESOLVED AND THEN PRIORITIZE THEM.

If you were to settle your divorce, what would the ideal divorce settlement look like?

What does the worst-case scenario look like?

What is a result you could live with?

Get comfortable with all of these potential outcomes and then prioritize which issues mean the most to you and work from there. Don’t spend too much time arguing over the little things when you have already determined they are minor issues. Just focus on your biggest goals.

Considering Child-related Issues in Your Settlement

Children need stability. It’s best to focus on these child-related issues before moving forward to financial issues since most parents can agree that their children’s best interests come before anything else.

Financial Aspects to Settle Your Divorce

Tips to Help You Work Towards Settlement

TIP 1: BEFORE ATTEMPTING SETTLEMENT, UNDERSTAND THE LAW AND SEEK LEGAL ADVICE.

TIP 2: GET IN THE RIGHT MINDSET TO DISCUSS SETTLEMENT.

TIP 3: SEE IF YOUR SPOUSE IS OPEN TO DISCUSSING SETTLEMENT AND IF NOT BE OPEN TO THE IDEA OF MEDIATION.

TIP 4: WHEN IT COMES TIME TO DISCUSS SETTLEMENT REMEMBER TO BE OPEN TO NEGOTIATING.

Settlement can be reached before the first court date, after court-ordered mediation, after discovery is exchanged, after a pre-trial conference, before trial, etc.

In most cases, if you want a settlement you have to be able to compromise and you have to be reasonable in your negotiating. In an ideal world you get everything you want but in the real world, you have to give to take. This all goes back to prioritizing again. Get an idea of your spouse’s position and how they have prioritized the issues. If an issue is agreed to move on to the next. The more issues that you resolve by agreement the less time and money will be required to finalize your divorce.

Be sure to consult with a knowledgeable divorce attorney, especially before finalizing a divorce settlement. Contact Anderson & Boback to speak with one of our family law attorneys so you can discuss how to approach or settle your divorce.

THIS ARTICLE WAS PREVIOUSLY PUBLISHED AT:

https://illinoislawforyou.com/divorce/settle-your-divorce-tips-time-money/

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