If you and your spouse are either divorcing or thinking about divorcing, it is important to be as proactive as possible when preparing for the legal and financial aspects of this process. Even if you ultimately decide against moving forward with the divorce process, you will have made informed decisions at every turn. When it comes to divorce, knowledge is indeed power and making uninformed decisions tends to lead to regret.
One of the best ways to begin preparing for the divorce process is to attend a risk-free consultation with a reputable Memphis, TN divorce lawyer at Patterson Bray PLLC. Doing so will neither obligate you to move forward with the divorce process nor to work with our team moving forward. A consultation setting is offered simply so that potential clients can ask questions and voice concerns. Once you are empowered with the information you need to make informed decisions, whatever you choose to do with that information is up to you.
Our job as attorneys is neither to pressure our clients into taking any particular course of action nor is it to “sell” our services. Our job is to efficiently and effectively represent the interests of those who desire legal assistance. Navigating the divorce process is never an emotionally straightforward task. We consider it our privilege to provide guidance and support for those who need to transition from partnership marital unions to the next phase of their lives.
If you are ready to embrace the challenge of attending to your divorce situation proactively, one of the first things you’ll want to do is to make a list of all of your marital assets. Marital assets—including physical property, financial accounts, and intellectual property—generally consist of all assets acquired during the length of a couple’s marriage.
Once you’ve created this list, spend some time thoughtfully considering which—if any—of your assets you’d be inclined to fight for, which you’d desire but are not worth fighting for, and which you’d be willing to part with. Keep in mind that an equitable divorce settlement will likely result in something close to a 50/50 split of your total asset value. For example, if you opt to keep the house, your spouse may opt to keep the value of your retirement assets that mirrors the value of your home. Making this list thoughtfully now will help our team to assess your needs, wants, and priorities concerning asset division. This exercise will help us to advise you and to build a strong divorce strategy that advances your interests.
If you have not yet scheduled a risk-free consultation with our dedicated team, please do so now. Being proactive when it comes to the divorce process can be difficult. However, it is an approach worthy of your time, effort, and emotional energy. Connect with the experienced Tennessee legal team at Patterson Bray PLLC to learn more about our approach to representation; we look forward to speaking with you.