If you are considering a divorce or are in the initial stages of divorce, your focus may be largely focused on getting through the divorce process. This makes total sense and there is likely to be a lot on your place. While taking care of yourself before and during a divorce is important, it is also critical that you plan for your post-divorce well-being. As such, there is a lot you can do now to help ease into what can be the difficult post-divorce life transition. Here are some tips to set yourself up for success.
How to Prepare for Post-Divorce Life
Get your support team in order because post-divorce life can be challenging in ways you may have pushed aside thinking about when you were in the throes of the divorce process. This means reaching out to friends, family members, and other support members that may include a mental health professional like a therapist. Lean on the people in your life and you may be surprised to see how much people want to help and support you. Divorce can be a lonely time. Fill it with people that build you up.
Getting a clear picture of your financial situation will also be a vital part of preparing for post-divorce life. Start by finding out all you can about your married life finances. This will give you a good look into projecting what your post-divorce finances may look like. Examine the potential debt you could be assigned in the divorce and the assets you would be likely to lose and retain. Educating yourself on your finances should be a priority.
Also, establishing a post-divorce budget will be very important. The budget may evolve and change as more is determined throughout the divorce, but you can at least have a working model in place. Set forth your projected post-divorce expenses. One of the most jarring realizations a person may have after a divorce is looking at their expenses and realizing that they are responsible for paying all of it as it is no longer shared with their former spouse.
Set out your income and expenses you will have after your divorce. Do you need a new place to live? Look to see if there are affordable housing options in your area. Find something that is within your budget. Make cuts on expenses when you can and know that building yourself back to more solid financial ground is well within your reach when you plan, budget, and stick to your budget.
Family Law Attorneys
It can be difficult to think of the future when you feel so entrenched in the struggles of the present. Let the team at Navarrete & Schwartz take on some of the burdens of divorce and provide you with dedicated legal counsel. We want to do more than help you through divorce. We want to set you up for a successful post-divorce life. We are proud to serve the residents of Midland, Texas. Contact us today.