Going through a divorce gets complicated enough without making preventable mistakes that can negatively impact your case. Unfortunately, many people are unfamiliar with the most common errors that can disrupt proceedings.
There are several things to avoid when you are facing divorce.
Mistake 1: not gathering enough information
It pays to take some time to gather as much relevant information about assets, accounts, debts and expenses as possible. Make copies of past tax returns, bank statements, titles, deeds, retirement plans and insurance policies. Also, gather history on things such as domestic dispute records that could come into play. Document everything thoroughly so your filing covers key history accurately.
Mistake 2: not making copies of all documents
Once you have gathered all your facts and documentation, be sure to make copies of everything you plan to reference or submit. This provides backups should any documents get damaged or misplaced during the proceedings. Keep one master set of your copies secure throughout the process.
Mistake 3: attempting to hide assets
A major mistake that often backfires is attempting to conceal or downplay certain assets to try to retain more after the divorce. Not only is this unethical, but if discovered later, it can seriously undermine one’s case. Be upfront about all marital assets and be realistic in identifying which ones may be subject to division. The court will likely end up mandating it anyway.
By avoiding these key pitfalls upfront, you put yourself in a much better legal position from the very start. Consider these points as you plan your divorce.