{"id":162295,"date":"2021-03-07T16:08:20","date_gmt":"2021-03-07T16:08:20","guid":{"rendered":"https:\/\/dominiclevent.com\/blog\/?p=162295"},"modified":"2021-03-07T16:08:20","modified_gmt":"2021-03-07T16:08:20","slug":"divorce-happens-planning-steps-you-need-to-know","status":"publish","type":"post","link":"https:\/\/dominiclevent.com\/blog\/divorce-happens-planning-steps-you-need-to-know\/","title":{"rendered":"Divorce Happens: Planning Steps You Need to Know"},"content":{"rendered":"


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There’s a lot of things people plan for in marriage. Buying a new home, joint finances<\/a>, having kids and plenty of other minor plans you stick on your fridge. Divorce is never one of them.<\/p>\n

With divorce rates now hovering around the 50% rate<\/a>, I\u2019d hate to ignore the unhappily married couples, as there are certainly unique planning circumstances they must address.<\/p>\n

Lifelong Commitments in the COVID-19 Pandemonium<\/h2>\n

During the COVID-19 pandemic, the “in sickness and health” part of the vows has been subject to severe neglect never seen before.<\/p>\n

The statistics are terrifying for a nation that had a 50% divorce rate before COVID. For one, the number of people seeking divorce was 34% higher<\/a> from March through June 2020 compared to 2019. Data shows<\/a> that 31% of surveyed couples admitted that lockdowns caused irreparable damage to their relationships.<\/p>\n

If you find yourself to be one of those whose marriage survived the brunt of COVID-19 by a whisker, it may be time for you to consider planning for a divorce. Here are some tips that may help as you approach and\/or become divorced.<\/p>\n

Good Documentation Will Pull You Through<\/h3>\n

The importance of having good documentation throughout and in the tail-end of a marriage cannot be overstated. Money issues are oftentimes what kill marriages and haunt people long after they’re separated.<\/p>\n

Keeping a good documentation of all your assets and all your debts is what will pull you through a divorce with your sanity intact. It is also highly advisable to have copies of the divorce decree and solid accounting that can be traced back to every single major asset purchase and sale to help with the division of assets.<\/p>\n

Always Update Accounts and Notify Institutions<\/h3>\n

During a marriage, many partners find themselves making legal changes that are binding. These include changing names, addresses, credit cards, filing taxes and work benefits. All these changes and commitments unwind during those last days of marriage.<\/p>\n