Resources- DivorceMeKnot.com

2023 Divorce Problems Page

LEGAL Know-It-All “You can't provide your financial information because your spouse handled all the finances. Now you don’t have what the Court needs to determine the equitable distribution of debts and assets. Ok. No problem, we'll just guess.”, said no judge, ever.

KNOT FACT

MIND TWISTER

9 out of 10 Americans will marry at least 1 time in their life. Half of them will divorce and 70% of that half will remarry. Those 70% will have a 60% chance of a second divorce. Sounds awful, but here is the skinny on these facts. About 4 or 5 of those 10 people will have one marriage that lasts their lifetime. Nearly 3 of those 10 people will divorce once and have a successful second marriage. Approximately 1 of those 10 people will marry and divorce 2 times and have a very low chance of a successful third marriage. Finally, 1 person will never marry.

How many people of those 10 Americans will have a lasting first or second marriage that will not end in divorce? Round up to the nearest whole number. Find the answer on our DMK Divorce Planning Page.

References accessed 3/2019, brandongaille.com, May 20, 2017, factretriever.com, Dec 18, 2016

Divorce Documents File Box

Purchase one for each spouse's financial and divorce documents

Don't leave spouse without this!

Problem Solving Professionals

1. Attorneys, legal problems

2. Mediators, legal problems

3. Arbitrators, legal problems

4. Counselors, emotional well-being

5. Therapists, emotional well-being

6. Psychiatrist, mental health/prescriptions

7. Psychologist, mental health and emotional well-being

8. Personal Trainer, physical well-being

9. Holistic Healer, whole person health & wellness

10. Mortgage Broker, real estate loans/refinance

11. Real Estate Agent/Broker, real estate buy or sell

12. Insurance Agent/Broker, life/auto/home insurance

13. Investment Broker, investment management

14. Accountant, bookkeeper/tax preparation/finance evaluation

15. Forensic Accountant, finance or tax investigation/analyzation

16. Private Investigator, detective/investigatory law

17. Alternative Dispute Resolution Services, mediation firms to avoid litigation

18. Consumer Credit Counseling, bankruptcy avoidance

19. Financial Aid Counselors, education grants/scholarships/student loan counselors

20. Process Server, legal document/summons server

Common Divorce Problems

1. Emotional negotiating

2. Dishonesty

3. Hiding assets or income

4. Misunderstanding asset allocation

5. Misunderstanding tax liabilities, returns, filings

6. Failure to understand attorney rates, court fees and charges

7. Not hiring professionals when needed

8. Not understanding the laws of the residing state

9. Failure for adequate support for the future

10. Failing to know financial details

Problems to avoid

1. Indifference to your settlement

2. Arguments with your spouse

3. Sex with your spouse

4. Gossip

5. Emotional decision making

6. Litigation, if possible

7. Unhealthy habits

8. Impulsive spending

9. Dating too soon

10. Ignoring finances, health, obligations