Divorce Settlements - Divorce Settlements Must Be Right the First
TimeOnce you have made the decision to end your marriage the next thing on
your mind should be what is going to happen to everything that you and your spouse have accrued during the
course of your marriage. Divorce settlements cover everything to do with the dissolution of your marriage
from who gets the kids to how the financial assets are split up and unless you work very hard to negotiate a
divorce settlement that you feel is fair and equitable before the divorce is final you may end up feeling
Remember that in real life what goes around tends to come around and nowhere is this more
apparent than in divorce settlements. If you decide to get overtly ridiculous in
what you ask for from your spouse do not be surprised when they fight back and ask for some equally difficult
terms in order for you to gain the terms you are seeking.
Don`t leave evetything behind
The other side of this is you should not be overly generous either, it is easy to say take
everything when you are down and depressed about the divorce, but divorce settlements like these often leave the
person in much worse shape than just being without their things. Because they chose to walk away with little or
nothing it will often take them much longer to recover and become a happy individual again.
Perhaps the best way to decide how the marital assets should be split is to talk about your
settlement with a divorce mediation service. They will sit down with you and your soon to be ex
to help you work out the details of the settlement, in this way you can accomplish what you could not do between
your selves. Often in a divorce the two sides are so angry at each other that trying to have a reasonable
conversation about how to split the assets is virtually impossible.
You need to consider everything when you start to discuss divorce settlements, pensions are also
included in many divorce settlements as the spouse who has stuck by her husband's side for many years is also
entitled to a percentage of his retirement to help support her in her later years especially if she spent her
married years as a housewife without any income of her own.
Equitable Share of all the
The most important thing to remember is that no matter how upset a person is about the
divorce, you need to distance yourself from the emotional aspects and concentrate on
making sure that both sides of the party end up with an equitable share of all the assets. You need to realize
that the best divorce settlements end in a win-win outcome so that both parties go away from the table happy
with their share.
Knowing exactly what is at stake before you start negotiating a settlement is crucial, if you
have no real idea what the value of everything in the marriage is, your spouse can very easily take advantage of
you and leave you with far less than you deserve. Once the divorce is final chances of changing the settlement to
your advantage are very slim so you need to get it right the first time.