3 Mindsets That Will Help You Approach A Divorce Settlement

Posted on: 2 February 2019

If you are in the process of getting divorce, one of the things that you are going to need to do is work together with your former spouse and your attorney to come up with a settlement of your belongings and finances. As you go through the divorce settlement process, there are a few mindsets that you should keep in mind as you approach the divorce settlement process.

#1 Know What You Want & Need

The first thing you need to do is figure out what you want and need. You are going to have a much smoother time in negotiations if you already know what you want and need. Sit down and figure out where you two were as a couple financial. How can you split the money in a fair way that will ensure you are left with equal debt and assets?

When looking at the items that you own together, think about what you need verses what you want. If you have two vehicles, do you really need to end up with both of them? Don't get greedy just because you can, try to be fair as you come up with a list of what you want and need.

#2 Know What Your Spouse Wants & Needs

Second, before you start negotiating the divorce settlement, think about things from your spouses perspective. You were married to your spouse for an extended period of time. You know them as a person. What would they want and need from the divorce?

By thinking about what your spouse both wants and needs, you will be able to come up with a fair arrangement that ensures that both of you needs are met. You may be able to anticipate issues before for occur, and come up with a counter-offer. If you want an amicable settlement, it is important to consider what both parties need to get out of the situation.

#3 Know Your Bottom Line

Finally, before you try and negotiate your divorce settlement, make sure that you know your bottom line. What is the least that you can accept from your settlement? What is the least that you can afford to accept for your settlement? You need to know what you will not tolerate, so you know when you should step back from trying to negotiate and go to court.

It helps to approach divorce negotiations with the right mindset. Sit down and come up with a list of what you want and need from the settlement in terms of finances, physical goods, and belongings you have an emotional attachment to. Then, come up with a list of what you think your spouse will want and need, and try to find common ground. Come into the settlement process with clear goals. If those goals are not met, know when to walk away and let your attorney and the courts handle the outcome.

Contact an attorney, like Diane Dramko, Attorney At Law, for more help.

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