Top 5 Things to Consider After Separation
Have you recently or are you currently going through a divorce or separation? Our experienced and compassionate Brisbane separation lawyers can help you lessen the emotional and financial stress. Learn more about Divorce Lawyers Brisbane.
As each situation is different, there is no ‘one-size-fits-all’ approach. However, we do recommend completing a few key steps once the decision has been made. Our professional team has compiled the top five things to consider after separation to make it easier for you. Keep reading to learn more.
*Please keep in mind that this article is for those who are certain about the end of their relationship.
If you have children, determine your parenting arrangement.
How you handle your separation will affect your relationship with your child or children, and ultimately their mental wellbeing. Of course, each family is different, so it’s up to you to determine which route is best.
In most cases, the decision is made for a spouse to move out of the family home. While this can be a difficult and painful decision, you should definitely come to an agreement sooner rather than later to avoid any unnecessary discomfort or stress for you and your family.
It is important that you discuss with your children in an objective, non-judgmental way any changes you must make to their daily routines and living arrangements. In doing so, you should avoid involving them in any adult issues, conflict with your spouse, or attempt to impose loyalty demands. Instead, you should do all you can to agree on the new arrangements for the children.
Matters to consider include:
- The living arrangements for the children.
- The time the children spend with each parent during holidays and special events.
- Trying to limit significant change to children’s new arrangements.
- School and education.
- Medical care.
- Who cares for the children around work commitments.
- The financial support of the children.
Assess your financial position.
Next, you should discuss, review and assess your financial status as a single individual/parent rather than a couple. Learning the reality of running two separate households can be stressful, especially if you once depended on your spouse’s income to live.
If maintaining the family home is too expensive, seek agreement from your spouse to contribute while you sort out how your assets will ultimately be divided. You should seek early advice from a professional financial advisor who can develop a financial plan for you as a single individual/parent. This will also help when you speak to a separation lawyer about how best to divide your assets with your former spouse.
Rearrange and divide your assets.
The next big step after separation is to reach agreement on the division of your assets. It is highly recommended that you talk to our Brisbane separation lawyers as early as you can after you separate to ensure the best outcome for you. The longer you leave it the worse it can be for you.
If possible, you should come to an agreement with your ex-partner about the division of any small assets, such as household items or furniture. Try to prepare a list and work together to distribute the contents fairly.
For large assets such as a family home or superannuation, it’s best to speak with a property settlement lawyer.
Keep a detailed record of events.
Even if your separation is on mutual terms and amicable, we still advise you to keep a diary or record of any key events during this time. This record will ensure you have evidence to support your claims if things turn sour between you and your ex-partner.
In any separation agreement, you should list all assets and liabilities and keep track of all relevant documentation. We advise you to collect originals or copies of your:
- Marriage certificate.
- Custody and parenting agreements.
- Tax Returns.
- Bank Statements.
- Trust Deeds.
- Financial statements for tests and companies.
Get help from a trusted Family and Separation Lawyer
Finally, speaking with an experienced attorney specialising in Family Law is extremely helpful. They will have an in-depth understanding of all legal processes and provide insight into possible outcomes based on your situation. We strongly recommend seeking professional advice early on, so you know your rights and ideal pathway.
Our reputable Brisbane separation lawyers understand that each situation is personal and nuanced. With our affordable fixed fees and valuable experience, we provide unwavering support, strategic advice and cost-effective solutions. Reach out for tailored advice today.