Metairie, LA (PRWEB) March 20, 2012
The beginning of the year is traditionally a heavy divorce season, as couples have struggled to get through the holidays and are now ready to move on with their lives. Add to this fact the rebounding American economy and growing job market and you have a situation where more couples are finally able to afford a divorce. Will Beaumont, New Orleans divorce lawyer with Beaumont Divorce, offers strategies for those facing this situation.
“It is sometimes important for someone planning for divorce to take a look at their finances before they begin the process,” states Beaumont. “Some New Orleans divorce lawyers offer help with the legal side of the process without assisting their clients with the financial aspects.”
According to the Beaumont attorney, couples considering divorce need to think through more than just their immediate financial goals and difficulties. Dividing property, retirement funds, and even the costs of caring for the children all need to be considered.
“Dividing their financial resources and responsibilities is often a source of disagreement for couples who have already agreed that divorce is the best option,” says Beaumont. “We offer negotiation services to our clients to help them make these tough financial decisions and keep their financial goals in mind.”
According to the New Orleans divorce lawyers at Beaumont Divorce, a first step most people need to make when considering divorce is collecting their financial documents. This ensures that everything they need for the process is consolidated and ready. “It may also be helpful if individuals check their credit report to see whose names are on what accounts,” said Beaumont. “Joint accounts can be particularly problematic during divorce.”
Opening new accounts in your personal name without the name of your spouse can be another possibility. This allows you to start slowly separating your finances before you actually head to divorce court. Those facing proceedings might find it much simpler to handle the financial end of things if they have their own accounts prior to filing.
An important reminder for those considering a divorce is that they may need to make some changes to their 2011 tax return. Divorce can change the way the IRS views your tax return. That said, Beaumont warns couples to discuss their tax returns with an attorney before choosing the best way to file their taxes, as it may be different for each divorcing couple.
The above is informational only, not legal advice.
About Beaumont Divorce
Led by attorney William Beaumont, Beaumont Divorce is a family law firm in the New Orleans area. These New Orleans divorce lawyers focus on divorce and helping their clients not just file the necessary paperwork, but also rebuild their lives after the process is finalized. To learn more about their services or to schedule a consultation, call 504-483-8008 or visit http://www.beaumontdivorce.com