Divorce is rarely easy, especially when the time comes to divide up property and assets. Having skilled legal counsel is crucial, which is what the attorneys at Greene Law, PC provide to clients all over Connecticut. Below, the law firm offers a few tips to facilitate a smoother transition when it comes to financial matters and divorce:

How to Prepare

There are certain steps you can take to better prepare for a divorce financially. You should have copies of all pertinent documents, such as information related to bank accounts, retirement plans, etc. You should also begin saving money as soon as possible. Divorce can be costly, and you can no longer depend on your spouse’s income once proceedings begin. Additionally, refrain from making any significant purchases or investments until your finances even out.

Who Gets What

In general, assets are divided according to the laws in your state. Because Connecticut is an equal distribution state, any marital property or assets will be divided between the divorcing couple equally. However, if you and your ex can agree on how to split assets and property, you can do so. No matter what, it’s best to work with an attorney well-versed in divorce matters to ensure that you split your assets justly.

Other Financial Issues

You or your spouse might be able to receive alimony or spousal support. Child support is another important financial issue, and its amount is typically decided by reviewing the income of both the custodial and non-custodial parent.

Offering legal guidance on a range of issues from estate planning to filing for bankruptcy, Greene Law, PC in Connecticut is well-regarded by both peers and clients for their unparalleled skill and knowledge. To get answers to your legal queries, call (860) 676-1336. For more information about these attorneys, visit their website.