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Lay a foundation for a strong post-divorce future

The financial implications of the end of a marriage are serious and can have a significant impact on several areas of life. When considering divorce, Kentucky readers would be wise to carefully evaluate their current lifestyle and consider how continuity of lifestyle may be possible after the process is complete. It is very important to work with an experienced lawyer before making important financial decisions.

It is tempting to focus on the actual settlement and hope to complete the divorce process as fast as possible. Instead, it is better to approach divorce with a view on the future far beyond the weeks or months immediately following a divorce. Setting aside temporary emotions and analyzing one's desired post-divorce lifestyle can help one focus on the most important and appropriate priorities.

This analysis will determine how much money is needed to achieve this goal and allow a person to clearly understand what is possible based on personal assets and income. Other factors to consider include location of residence, changes in career and years until retirement. With a realistic view of post-divorce capabilities, a person will make better decisions and build a stronger post-divorce future without the need for additional litigation.

Divorce will impact finances, and it is important to approach these issues wisely. Building a stable and sustainable future begins by contacting an experienced Kentucky attorney as early as possible in the divorce process. With the right help, it is possible to maintain a preferred lifestyle and move forward with confidence in one's financial future. 

Source: The Huffington Post, "Divorce Lifestyle Considerations", Karen McMahon, Sept. 6, 2016

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Tasha Scott Schaffner, PLLC - Attorneys at law

505 Centre View Blvd.
Crestview Hills, KY 41017

Phone: 859-491-1011
Fax: 859-491-1899
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