The end of a marriage marks significant financial changes in a spouse’s life. Divorce is a complex legal process that involves equitably dividing marital assets and debt, and the terms of the final order will have implications that could last a lifetime. It’s critical to purse reasonable terms, as well as understand what these terms mean. A California spouse should know exactly what’s in the final decree and how to ensure it’s fair and sustainable.
Fair terms matter
It’s critical to be informed regarding the terms of the final divorce order. An agreement that is thoughtfully and carefully drafted is more likely to be fair and reasonable for both parties. Some of the specific terms that should be in a final divorce decree include:
- The division of marital debt
- Payment and amount of spousal support
- Distribution of marital property
Before signing a divorce order, it can be helpful to consider long-term implications of the terms. For example, if the terms allow a spouse to keep the family home, will that individual be able to afford the property taxes on one income? It is prudent to think about retirement, future plans and other possible long-term consequences for every divorce-related decision.
Emotions are valid during this difficult process, but they should not be the motivation for important decisions that will matter for years to come. During a divorce, it is helpful to have the guidance and support of an experienced California law attorney. This legal guidance can prove helpful as one is pursuing a final divorce decree that allows for long-term security.