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Divorce

Divorce by definition: Divorce (or the dissolution of marriage) is the final termination of a marital union, canceling the legal duties and responsibilities of marriage and dissolving the bonds of matrimony between the parties. In most countries divorce requires the sanction of a court or other authority in a legal process. The legal process for divorce may also involve issues of spousal support, child custody, child support, distribution of property and division of debt.

Checklist for Divorce or Separation
Put a file together of all documents that will be needed to properly handle the financial and legal elements of your dissolution or divorce. Depending on the complexity of your assets and obligations, you may want to keep a few file folders for different aspects of your case. Finances are generally one of the biggest issues a separating couple must face. Make sure to get a current assessment of all assets and debts including credit cards, mortgages, property valuation, jointly held accounts and other financial documentation. It is a good idea to cancel jointly held accounts as soon as possible to prevent liability for debts incurred after separation. Another possible way to separate yourself from your spouse's obligations is to have one of your names removed from jointly held accounts. You will need to come to agreements as to child custody, child support and spousal support issues. If you do not come to an amicable agreement about these issues, a judge will have to decide them for you. Some couples find that retaining control over the outcome of their case makes it worth working together to come to an agreement. You can work with legal counsel to come to an agreement. Property settlement either agreed to or decided by a judge. Property settlement in divorce or separation will depend on whether the state follows community proper or some other system. Even in a community property state, a couple can choose something other than fifty fifty distribution if both parties agree to it.

Getting Legal Advice
If you are considering legal separation or divorce, a family law attorney can help you make sure you handle your situation with proper care. Divorce is a huge change that will affect you financially and in other ways. Making sure your interests are protected is important. An attorney will look out for your interests and answer your questions.

For more information please contact Patrick Markey Law, P.C. 
Phone: (312) 223-1763 • E: patrick@markeylaw.com Source: divorcenet