5 Common Mistakes to Avoid in Your DIY Divorce

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Do it yourself divorce is a wise option for many because it can save time, money and just generally make a difficult situation a little easier to take. There are some things, however, that you must watch out for if your DIY divorce is to go off without a hitch. Let’s take a look at some of these common mistakes so you’ll know what to avoid in your own situation.Get your Free Divorce Papers now! Get it here.

  1. Not considering Uncle Sam. It may seem like perfect sense to just split things right down the middle, but when it comes to taxes, not everything is exactly what it seems. Make sure you understand the tax implications of dividing things like retirement accounts and other investments. Consulting with a tax accountant may be a wise decision in the long run.
  2. Not making a parenting plan. Things between you and your spouse may be completely amicable at the moment, so drawing up a parenting plan may seem pointless. What you need to consider is the future, and the possibility of disagreements and misunderstandings. Having everything in black and white will keep you both on the same page should any questions come up over time.
  3. Not planning ahead for the future. You may have everything all figured out in the present, but what about 1, 3, 5 or 10 years down the road? It’s important that you calculate your living expenses once the divorce is finalized and you’re single again. Otherwise, you may end up with some unpleasant surprises. If you’re not sure, sitting down with a financial planner may help.Get your Free Divorce Papers now! Get it here.
  4. Filling out the wrong paperwork. There’s no question, the topic of divorce is complicated, especially when it comes down to the legalities in each state. You’d hate to spend hours upon hours completing paperwork only to find out it’s not approved or you’ve filled it out wrong and have to start over. Make doubly sure that you’ve got everything you need and that it’s all up to date before dotting one ‘i’ or crossing one ‘t’.
  5. Not tying up loose ends. As a married couple, chances are you’ve got a lot of things that are in both of your names jointly, including assets and liabilities. It’s important that you divide these things up fairly and take the appropriate steps to “untangle” yourselves by moving the agreed upon items into each person’s name individually.

Is it possible to get a divorce without hiring an expensive lawyer? Absolutely. Just make sure you avoid these common mistakes, or your simple and inexpensive DIY divorce could end up costing you more than you anticipated, both financially and emotionally.Get your Free Divorce Papers now! Get it here.

Have questions or need some guidance with your do it yourself divorce? Click here for online support or call 1-800-743-9236.

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