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Common divorce mistakes

  • Giving up control of the divorce -- to the lawyer. A lawyer is a trained professional, representing your interests in court. Listen to your lawyer's advice, but remember this is not your lawyer's divorce. You have to live with the results.

  • Dividing up property without a thorough inventory. Before negotiating, establish an inventory of what you owe and what you own.

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  • Spending too much money and time letting lawyers gather the information. The legal term is "discovery," and can include interrogatories, depositions and requests for production of documents. Try a financial preparation kit that can help you gather the information before you see an attorney or mediator.

  • Letting family or friends tell you what you need or how you should be feeling. Don't be afraid to rely on your own judgment.

  • Trying to win back your spouse by being generous.

Source: divorceinfo.com

 

-- Posted: June 30, 1999

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See Also
Divorce finances: You may need a planner
Financial survival guide to divorce
The do's and don'ts of getting divorced
Financial advice glossary
More advice stories

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