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Berchem Moses PC
  • Milford 203-783-1200
  • westport 203-227-9545

January popular month to divorce, deal with property division

Many people in Connecticut and other states choose to file for divorce in the month of January for a variety of reasons. Some parents of younger kids decide to postpone their divorce filing until after the holidays to avoid making their kids upset during the otherwise festive time. Meanwhile, other couples simply cannot add more stress to their already overloaded plates during the busy holiday season. When people are finally ready to get divorced in the new year, taking the proper steps may help to make the process as seamless as possible when dealing with matters such as property division.

First, it is paramount that divorcing individuals get copies of all of their financial records. These documents include bank statements and documents regarding debts such as loans, credit cards, retirement accounts and investment accounts. Examining the documents can help people to tell whether their soon-to-be-exes have been moving assets or making significant changes to them.

It is also wise for people who are not working outside of the home to have a money source. A financial adviser can help with this. For instance, the adviser may assist an individual in taking half of the couple's community accounts and then depositing this money into his or her own account before he or she serves the spouse with divorce papers.

The divorce process can be emotionally and financially stressful, but proper legal guidance may help people to approach this type of family law proceeding with confidence. If possible, two divorcing individuals may be able to negotiate in areas such as asset distribution and property division, thus avoiding further court intrusion. If they cannot find common ground, however, a judge will have to make decisions regarding these matters in Connecticut.

Source: commdiginews.com, "Tis the season - to file for divorce", Myra Fleischer, Jan. 8, 2016

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Berchem Moses PC
75 Broad Street
Milford, CT 06460
Phone: 203-783-1200
Fax: 203-878-2235
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Berchem Moses PC
1221 Post Road East
Westport, CT 06880
Phone: 203-227-9545
Fax: 203-226-1641
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