1. Make a list of all your assets and liabilities
This is an important step in the divorce process, as it will help to ensure that everything is accounted for. It is important to have an accurate accounting of both assets and liabilities, as this will help to avoid any disputes down the road.
2. Create a budget
This is another important step, as it will help to ensure that both parties are aware of what they can and cannot afford during the divorce proceedings. It is also helpful in determining support payments.
3. Consider child custody arrangements
This can be a difficult part of the divorce process, but it is important to make sure that the best interests of the child are considered. There are many different custody arrangements that can be made, so it is important to discuss all of your options with an attorney.
4. Work out support payments
Support payments can be a difficult issue to resolve, but it is important to make sure that both parties are able to live comfortably after the divorce. There are many different factors that need to be taken into account when determining support payments, so it is best to speak with an attorney about your specific situation.
5. Divide property fairly
This can also be a difficult part of the divorce process, but it is important to make sure that all property is divided fairly between both parties. There are many different ways to divide property, so it is best to discuss all of your options with an attorney.
6. Address financial issues
This includes things like dividing retirement accounts and debts. It is important to address all financial issues in order to avoid any future disputes.
7. Draft a separation agreement
A separation agreement can help to outline the terms of the divorce agreement. This can be helpful in avoiding future disputes.
8. Finalize the divorce
Once all of the above steps have been completed, the final step is to finalize the divorce. This can be done through mediation or through litigation. It is important to make sure that all of the terms of the agreement are fair and agreeable to both parties before finalizing the divorce.