How Do I Prepare Financially For a Florida Divorce?

Posted on : September 6, 2022
Florida

Thinking about getting a divorce? These tips can help you prepare financially. Keep reading to learn more about how to set money aside for a Florida divorce and how an attorney can help.

Get to Know Your Finances

If you aren’t the primary wage earner in your family, it’s important to get to know your finances and where the money your spouse brings in goes. If you are, it’s still a good idea to go over everything to get a clear idea of what you’re working with financially as you head into the divorce.

Figure Up How Much Money You Need to Live Independently

Consider housing prices in Florida along with other living expenses like utilities and food. Factor in things like the costs of childcare, transportation, etc. to determine how much money you will need to make each week or month to live on your own during and after the divorce. Don’t underestimate – even though these figures may look impossible, it’s important that you have a realistic outlook. If you keep yourself in the dark out of fear, you only make failure that much more likely.

Pursue Better Employment

You will likely need to obtain some form of secondary employment or you may need to pursue different work or higher-paying employment to meet your new financial needs. Doing this ahead of time can give you the space needed to interview for jobs, train, and become more secure in your employment before you have to fully rely on the money you are generating. You can also save your initial earnings so you have a chunk of money to fall back on if necessary.

Put Your Money Somewhere Safe

When you start earning extra money, make sure you store it somewhere safe that only you can access, like a safe deposit box at your bank or a locked security box at your home. Your spouse should not be able to access this money and it needs to be usable in the event of an emergency.

Call a Florida Family & Divorce Lawyer 

Naples, Florida family, and divorce lawyer Kevyn Noonan Hayes, P.A. has the skills and experience needed to provide you with zealous family legal representation when things between family members get difficult. Contact Attorney Hayes now to schedule a consultation to discuss your case or for more information by dialing 239-591-6248.

Posted in : Kevyn Noonan Hayes, P.A.

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