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3 Steps For Stay-At-Home Parents To Take When Divorcing

Law Blog

Divorces are complex, but if you are a stay-at-home parent, the situation can be even more complicated. It is important that you start to plan for the future as soon as it is apparent that a divorce is imminent. To help ensure that you are on the right path, here are some steps you need to take early in the process. 

Obtain Financial Records

Whether or not you have been actively involved in the marital assets and debts, it is time to do so now. Obtain copies of all of the financial records you can find. You need to get educated on the household's income and monthly expenses. 

The copies of the financial records can help your divorce attorney understand your marital finances so that he or she can propose an arrangement for the division of assets and debts. 

Consider meeting with a financial planner to receive a summary of your current financial situation. The planner cannot help with the specifics of creating a financial agreement with your spouse, but he or she can help you better understand your financial situation so that you and your attorney can determine your monetary needs. 

File for Temporary Orders

Even if you and your spouse are behaving amicably, temporary orders might be necessary. A temporary order can help ensure that your spouse is continuing to help support you and your children so that you can continue to meet the household's expenses. 

Consult with your divorce attorney to determine how support is calculated according to state law. You also need to be aware of any guidelines or restrictions that must be observed by you while receiving support. 

If you have a prenuptial agreement in place, your attorney can help determine what effect, if any, it will have on a temporary order. 

Assess Your Skills and Find Employment

It is possible that the family court will only award spousal support for a brief period of time. You need to be prepared to take care of you and your family if that happens. It is important for you to find employment as soon as possible. 

Before looking for a job, take some time to assess your skills and education. You can use this information to help build a resume. Include some of your skills learned from staying at home on your resume. There are many employers who will find skills, such as caring for children, to be useful. 

Once the process of divorce starts, the time you have to dwell on financial matters could be limited due to a need to work and take care of your family. Your divorce attorney can help you take the steps necessary to start the process and ensure that you have the support needed to move forward.

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3 December 2015