Brand
Speak With Attorney Jeffrey Jones
Local : 901-410-5751
Over 35 Years Of Legal Experience Serving The Community
Tagline
Family Law
Criminal Defense
Personal Injury
Family Law
Criminal Defense
Personal Injury

Preparing your finances for a divorce in Tennessee

Knowing you are ready for a divorce is just the first step in preparing for the months to come. While many people think they are prepared to separate, there are financial considerations to make before filing court documents. Below are a couple of suggestions to help you prepare your finances for your pending divorce.

Gather your financial records

Make sure you have your essential financial records set aside before you file for divorce. You will need to go through them to get a sense of what your household income and expenditures look like in any given month. This can help you and your spouse determine how to share assets and liabilities equitably.

Having these documents before you file for divorce will make it easier for you in the long run. Remember that even though many divorces can begin on a good-natured note, the process of dividing lives and money can quickly become complicated. Save yourself from the frustration and gather your financial documents early.

Seek professional advice

Once you contemplate getting a divorce, you should seek out a family law attorney for a consultation. This will help you get a better understanding of how the divorce process works.

Each state has its own stipulations regarding family law. While many well-meaning friends and family members may try to provide you with advice, they are not experts on your particular situation. To prevent any misunderstandings, it is best to find an attorney in Tennessee to represent you and answer your questions about finances and other matters.

Divorces are complicated. However, gathering your financial documents and getting professional advice will better help prepare you for post-divorce life.

Categories

FindLaw Network

Practicing in Bartlett Since 1977

Attorney Jeffrey H. Jones is held in high regard among peers, clients and judges throughout the Memphis area.

Read Attorney Profile

Case Results
of a Trial Specialist

FRAUD CASE
Suspect in ID fraud goes free on bond: One of five suspects in a drivers license

MURDER CASE
Day care worker charged with murder for leaving child on day care van

Read More Case Results