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Managing Finances During Divorce
Financial Tips for Divorce
• Realizing that you need to manage the financial
side of a divorce is important. That being said
there are a number of helpful resources that can
help you to get through the process with as much
ease as possible.
• The following tips adapted from The New York
Times may serve as a quality reference as you
make your way through this difficult time.
ADAM  2000 Town Center, Suite 2350, Southfield, MI 48075  248-356-ADAM (2326)  www.adamdivorcelaw.com
Choosing a Lawyer
• When it comes time to sift through potential legal representatives and
choose a lawyer, be sure to ask the following questions:
1. What is their position on low-cost mediation options?
2. What percentage of their practice handles divorce and family
law matters?
3. How often do their cases go to trial?
4. What can you expect in terms of response time to your calls?
5. What are their billing procedures?
6. What can you do or provide to make the process
easier/more smooth?
ADAM  2000 Town Center, Suite 2350, Southfield, MI 48075  248-356-ADAM (2326)  www.adamdivorcelaw.com
Choosing Your Battles
• There are a number of factors that can increase
the price of your divorce, such as lengthy custody
battles or drawn-out arguments over assets.
• Bring only the most important matters to the
official legal table.
• Attempt to reach a mutual agreement on the
important items before you enter into the dispute
resolution process.
ADAM  2000 Town Center, Suite 2350, Southfield, MI 48075  248-356-ADAM (2326)  www.adamdivorcelaw.com
Keeping Records
• Another practice that will save you time and money is
the habit of saving your records. It is helpful to be able
to provide extremely detailed financial records to your
lawyer.
• Maintaining open and relatively amicable
communication with your soon to be ex-wife about
financial records will also be helpful down the road
when financial settlement issues arise.
• Keeping a decent relationship with your ex-wife post
divorce will also be helpful in the management of
expenses that continue after the marriage has ended,
including costs associated with children.
ADAM  2000 Town Center, Suite 2350, Southfield, MI 48075  248-356-ADAM (2326)  www.adamdivorcelaw.com
Minimize Costs
• Although divorce can be complicated, it is
important that you work with your lawyer in order
to minimize costs associated with your divorce.
• Furthermore, it is essential that you remember to
maintain clear lines of communication regarding
any and all changes or details in your situation so
that costs can be better predicted and managed.
ADAM  2000 Town Center, Suite 2350, Southfield, MI 48075  248-356-ADAM (2326)  www.adamdivorcelaw.com
The American Divorce Association for Men (ADAM) is a group of
highly qualified attorneys who advocate for men’s rights in divorce,
child custody and parenting time, paternity, support, property
settlement, post judgment modifications, and other family law
matters. Since 1988, ADAM has been aggressive, diligent, and
uncompromising when representing their clients. A team of
compassionate and skilled family law attorneys, ADAM is dedicated
to being Michigan’s leading divorce attorneys for men and practices a
policy of integrity in all dealings.
2000 Town Center, Suite 2350
Southfield, MI 48075
(248) 356-ADAM (2326)
www.adamdivorcelaw.com
About ADAM (American Divorce Association for Men)

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Managing finances during divorce

  • 2. Financial Tips for Divorce • Realizing that you need to manage the financial side of a divorce is important. That being said there are a number of helpful resources that can help you to get through the process with as much ease as possible. • The following tips adapted from The New York Times may serve as a quality reference as you make your way through this difficult time. ADAM  2000 Town Center, Suite 2350, Southfield, MI 48075  248-356-ADAM (2326)  www.adamdivorcelaw.com
  • 3. Choosing a Lawyer • When it comes time to sift through potential legal representatives and choose a lawyer, be sure to ask the following questions: 1. What is their position on low-cost mediation options? 2. What percentage of their practice handles divorce and family law matters? 3. How often do their cases go to trial? 4. What can you expect in terms of response time to your calls? 5. What are their billing procedures? 6. What can you do or provide to make the process easier/more smooth? ADAM  2000 Town Center, Suite 2350, Southfield, MI 48075  248-356-ADAM (2326)  www.adamdivorcelaw.com
  • 4. Choosing Your Battles • There are a number of factors that can increase the price of your divorce, such as lengthy custody battles or drawn-out arguments over assets. • Bring only the most important matters to the official legal table. • Attempt to reach a mutual agreement on the important items before you enter into the dispute resolution process. ADAM  2000 Town Center, Suite 2350, Southfield, MI 48075  248-356-ADAM (2326)  www.adamdivorcelaw.com
  • 5. Keeping Records • Another practice that will save you time and money is the habit of saving your records. It is helpful to be able to provide extremely detailed financial records to your lawyer. • Maintaining open and relatively amicable communication with your soon to be ex-wife about financial records will also be helpful down the road when financial settlement issues arise. • Keeping a decent relationship with your ex-wife post divorce will also be helpful in the management of expenses that continue after the marriage has ended, including costs associated with children. ADAM  2000 Town Center, Suite 2350, Southfield, MI 48075  248-356-ADAM (2326)  www.adamdivorcelaw.com
  • 6. Minimize Costs • Although divorce can be complicated, it is important that you work with your lawyer in order to minimize costs associated with your divorce. • Furthermore, it is essential that you remember to maintain clear lines of communication regarding any and all changes or details in your situation so that costs can be better predicted and managed. ADAM  2000 Town Center, Suite 2350, Southfield, MI 48075  248-356-ADAM (2326)  www.adamdivorcelaw.com
  • 7. The American Divorce Association for Men (ADAM) is a group of highly qualified attorneys who advocate for men’s rights in divorce, child custody and parenting time, paternity, support, property settlement, post judgment modifications, and other family law matters. Since 1988, ADAM has been aggressive, diligent, and uncompromising when representing their clients. A team of compassionate and skilled family law attorneys, ADAM is dedicated to being Michigan’s leading divorce attorneys for men and practices a policy of integrity in all dealings. 2000 Town Center, Suite 2350 Southfield, MI 48075 (248) 356-ADAM (2326) www.adamdivorcelaw.com About ADAM (American Divorce Association for Men)