Being prepared for divorce could save time and money

Being prepared for divorce could save time and money

February 8, 2021

When you’re ready to get divorced in Ohio, you don’t want to spend a lot of time searching for documents and trying to recall your monthly budget. Having those things ready before you talk to a lawyer could save you time and money, which are two things you’ll need as you prepare to end your marriage.

Organize financial documents

Consider all of the documents you needed to purchase or refinance your home. You likely needed to provide the last three years of tax returns, a month’s worth of pay stubs and a list of all your debts. Your divorce lawyer may ask for the same information. If you already have it on hand, you won’t have to pay for the time your lawyer would have spent making a list of the things you need to provide and the emails they would have sent to remind you.

Compile your monthly budget

If you are very organized and already have a detailed accounting of your monthly expenses, you’re already more prepared to get divorced than a lot of other people. However, if the stress of your marriage has left you disorganized, there’s still time to put together a budget and provide it to your lawyer. Start by writing down everything you know about your monthly expenses. For the next month, keep track of the money you spend. Compile all of the information in a digital document and send it to your divorce lawyer. Doing this will save them the time of having to calculate your expenses and, thus, save you money.

The decision to separate from your spouse might be an emotional one, but getting divorced is a legal matter. The more prepared you are with the documents your lawyer needs to prepare your case, the faster and less expensive the process is likely to be.