Conserving Finances During Divorce
The financial impact of divorce can be enormous and stressful to consider. In many cases, the fear of the unknown makes planning for your financial future after divorce difficult. There are tangible ways to conserve financial resources during divorce to protect your financial future and the financial future of your children. Here are some tips for protecting your money during divorce:
Consider what method you will use to settle the terms of your divorce
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Are you considering a divorce in the coming months? It turns out that January is one of the most common times to get a divorce. This may be for several different reasons – maybe you do not want to go through the divorce process during the holidays. Or maybe you are thinking about a more practical reason: taxes. No matter what the reason, if you are planning to move forward with divorce in the new year, now is the time to prepare in order to make the process as simple
The pandemic has changed us in many ways. While it has been a stressful time, some of these changes have actually been very positive. For example, for many, the flexibility to work from home instead of going into the office each and every day has saved commuting time, gas money and may have improved mental health. Just like many businesses across Minnesota, AMS Mediation has transitioned to a virtual format
As we all adjust to life during the pandemic, changes are all around us. While some things are starting to get back to the old normal, it is a good time to assess which things you adapted to that you might want to continue. For many of us, working from home was a huge adjustment, but allowed for greater flexibility, time with family, less travel time and less money on things like gas and eating out.
One of the most common questions we get from potential clients is whether they need to go through the courts to complete a divorce. The answer may not be what you expect. There is a long-held myth that the only/best way to resolve the issues in a divorce is with a long, nasty court battle. In fact, when we see divorces referenced in the news or portrayed in a movie, that is usually what you will see. However, in reality, you can complete the entire divorce process without ever stepping foot in a courtroom