Making Preliminary Agreements
Ignoring Tax Obligations
Common Divorce Mistakes When Filing
Getting divorced is one of the most emotionally trying periods you're likely to face in your lifetime. Common divorce mistakes happen all the time. That's why it's so important to have guidance from an experienced attorney like Equal Justice Law Group's David Foyil.
With thousands of clients and decades of experience, Mr. Foyil has seen just about every bad decision a client can make when it comes to divorce. The following list of common divorce mistakes isn't meant to encompass all of his experiences, but to help you avoid some of the more common pitfalls that spouses face in a marital dissolution.
Key is ensuring you have originals or clear copies of key documents including:
- Wills, trusts and all estate planning documents
- A complete accounting of all assets and debts
- A financial profile of any businesses owned
You can't divide assets until you have a complete financial picture available. Never agree to anything, verbally or in writing, until the complete financial analysis is available to you and your attorney.
This applies particularly to your home; often one party will “quitclaim” the house to their spouse. This is a huge error; not only do you relinquish your title (ownership) to the property, but you retain any obligation on any notes (mortgages).
Tax issues are another pitfall of divorce; it's imperative your attorney understand tax implications up front. This is something you can count on when you retain Equal Justice Law Group and attorney David Foyil.
Be realistic about your options. Don't use your children as pawns in negotiations. And never give up control of your future. Avoid the common divorce mistakes we see all the time with the right representation.
Contact Equal Justice Law Group today. With offices in Sacramento, Sutter Creek and Placerville, we're nearby and ready to serve you.
And as always, your case evaluation and initial consultation are both confidential and absolutely free.