A Schaumburg couple has been at each other’s throats during the last year. With three young children and busy careers, the couple decided to wait until after the holidays were over to file for divorce. The wife is having second thoughts about getting divorced and wondering whether it is the right option. On the other hand, the husband is ready to file the divorce petition and has spoken to an attorney. Now the divorce is moving forward. This couple is not alone. Lawyers across the country refer to January as “divorce month.” If you are one of the many couples who will be filing for divorce in Illinois, here are a few common mistakes to avoid.
Choosing the Wrong Type of Divorce
When most people think about getting divorced, they think about traditional litigated divorce in a courtroom. This is an option in Illinois, but it is also possible to get a collaborative divorce. The state of Illinois encourages couples to work out the majority of their issues together before litigation. In some cases, it is possible to settle all of the crucial issues in your divorce and sign a settlement agreement that the court will enforce. However, it is not always possible to have a collaborative divorce, and sometimes litigation is necessary. The experienced divorce lawyers at Glasgow & Olsson can help you determine what type of divorce is right for you.
Not Knowing Your Priorities
Deciding to get divorced can be overwhelming, and it is difficult to know where to start. One of the most important things you can do is think about what you want out of your divorce. What issues matter the most to you? What issues are you willing to negotiate on or make concessions? For many people, child custody matters are the most important issue in their divorce. Division of property can also be important. If there is property or assets that you do not want to lose, mention it to your attorney as soon as possible.
Not Being Prepared
It is important to be emotionally and financially prepared for a divorce. Divorce is always emotionally draining, but it is wise to have a support system that will help you make important decisions. In addition to emotional preparedness, you also need to gather all of the necessary documentation you will need, such as bank statements, retirement account information, and credit card statements.
Not Hiring a Financial Professional
Suppose you are involved in a high net worth divorce, or you and your spouse own a significant amount of property or a business together. In that case, it is wise to hire a financial professional to examine your case. A financial professional can give you a better understanding of your current financial situation.
Not Hiring a Lawyer
Not hiring a lawyer as soon as possible is another mistake people frequently make. If you are considering a divorce in Illinois or your spouse has threatened it, Glasgow & Olsson is here to help. When you need an attorney, experience matters. We do not provide a free consultation because we view your initial consultation as the most important meeting you will have regarding your divorce. Contact us today to learn how we can represent you.