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Planning ahead during a divorce

One thing that some married people in Plymouth never see coming is divorce. Some spouses are not aware of how unhappy their partners are with their marital situation. Even former partners who agree that separation is the best option may still end up reeling from all the emotional and financial entanglements the choice brings. To avoid many of the common pitfalls that can occur, couples should plan their exit strategies in advance.

Establishing a budget

As you transition to a single household, you will need to discover what your expenses are so you can manage them. You should have a monthly budget that clearly lists any education, transportation, rent or mortgage payments, insurance and other mandatory expenses you have. Do not forget to include how those expenses will be paid.

Reentering the workforce

If you were the stay-at-home spouse who sacrificed a career so you could take care of the kids and household, you need to start amassing resources to help you find a new job. Reentering the workforces after an absence is never easy. You should take some time to create an iron-clad resume that highlights your talents and skills. You should also create a professional social media presence and network to gain access to opportunities.

Going back to school

Pursuing an education after divorce can help to improve your standard of living, so use your divorce as a stepping stone. You can use the additional training and education you receive to qualify for better employment and higher-earning positions. You should seek out information on tax credits, scholarships, student loans and employer-managed programs you can use to offset the cost of going back to school.

Potential long-term health issues

It is hard to anticipate health problems if there have not been many concerns in the past. However, now that you are divorcing your partner, you need to make plans just in case you fall ill or are injured and become unable to care or provide for yourself. You no longer have your former partner to rely on. Health insurance can help you to manage your medical bills, along with saving money. You should also research long-term care providers in advance so you know whom to call if you ever need them.

It is important to plan for the future when divorce is on the horizon. Failure to do so could significantly compromise your standard of living and make it harder for you to move past this chapter. When dealing with matters involving divorce, you should seek out the guidance of an attorney who can assist you with your situation.

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496 West Ann Arbor Trail, Suite 106
Plymouth, MI 48170

Phone: 734-713-8995
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