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Why handling your own divorce can be problematic

In the tough economy we live in, many Louisiana residents are pinching pennies to make ends meet. We are constantly looking for ways to save money, whether that means clipping coupons, shopping sales or cutting back on some unnecessary expenses. In many areas of life, this is a good idea. When it comes to divorce, however, it often is not.

A way to save money in divorce is to do the paperwork yourself. The risk you take in doing this, however, can be substantial. Think of all of the decisions that need to be made in a divorce. You and your ex will have to split your marital assets, including the family home. That doesn't just entail physical items like cars and furniture. You'll have to deal with retirement accounts and health insurance as well. On top of all of that, you need to discuss spousal support and child custody and support if you have children. To say things can get complicated would be an understatement.

For some, a better approach to divorce may be mediation. In mediation, the couple can meet and discuss different options for resolving the divorce. You can work with an attorney and other experts like financial planners or mental health professionals. With the input of these people, you and your ex can come to an agreement that benefits both of you without having to go through a trial.

Ultimately, it's important to remember that a divorce is a legal suit. Once it's been finalized, it's difficult to go back and change things. Because of this, it's important to work with an experienced attorney who can look out for your best interests.

Source: Colorado Springs Gazette, "It's Your Money: Do-it-yourself divorce could be cause for regret," Linda Leitz, March 10, 2013

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