Divorcing couples will need to spend some time dividing up all of their financial assets as they go through the process. If you do have substantial assets, like real estate or investments, you need to have someone on your side to handle all of this and to make sure that you know what you are entitled to under the current state law. Do this before you start any negotiations with your spouse. This can include a lot of aspects of your financial life like the alimony you will pay, pensions and how they are distributed, and even how to handle debts from before and during the marriage.

First, you need to understand the division of assets. For the most part, the courts will ask that marital assets get divided as equally as possible between both parties when the divorce happens. This means that both of you will get a percentage of what is acquired during the marriage. There can be some exceptions and you can make some concessions based on what you would like. For example, you could give your spouse the home if they agree to leave your retirement or pension alone.

It can be difficult to know how to divide up the assets and many men tend to give in too much because they think that is the best way to not lose everything. But you have the same rights as your ex-spouse when it comes to finances and you do not need to leave the divorce without anything. This doesn’t mean that you leave your spouse with nothing either, but finding a good way to divide it all that is fair for both parties can happen.

As always, it is a good idea to seek out advice from a professional divorce attorney to help you figure out the best way to handle your finances through all of this. This keeps you protected and ensures that you do not lose everything at the same time. When you discuss your case, you can go through any potential legal issues that may show up and will give advice on how you should proceed.

If you are a man going through a divorce, it can often feel like the odds are stacked against you. But this is not the case. You have the same rights as your spouse and those need to be respected when you go through a divorce of any kind. This is where you need the help of a divorce attorney to make things easier. Our team is here to help protect men’s rights during divorce and we will help you navigate this difficult time and make it through.