Facts You Should Know About Divorce
Divorce is emotional. It’s personal. It’s life-altering. But, it’s also financial. A lot of couples have no idea what they’re up against when it comes to paperwork, fees, lawyers, and taxes when they decide to call it quits. In fact, anyone who is considering untying the knot may want to know that starting in 2019, alimony payments will no longer be tax deductible. That’s just one of many surprises that can come along when you choose to no longer be married to your spouse. Divorce is rarely clean and nobody expects it to be easy. But many couples wind up feeling that simply the process of getting divorced and some practical aftermath is even more emotionally draining than the concept of splitting with their spouse. If you’ve begun researching lawyers and tracking your partner’s mistakes, here are divorce facts and statistics you should know.
You’ll need a separate estate attorney
You won’t just need a divorce lawyer to get you through this change. You’ll also need an estate attorney to create your estate plan or living trust and designate the new health care power of attorney. Your divorce lawyer can refer you to one.