When getting divorced, many people worry about their finances. For example, you may have to pay alimony and child support. Additionally, your assets will have to be divided. Attorney’s fees can also become costly. As a result, some individuals choose to forgo working with a divorce attorney in the hopes of saving some money. Unfortunately, this choice often ends up being far more costly in the long run. Read on to learn more about the risks of representing yourself in your New York divorce.
Representing yourself during the division of assets:
When you get married, your assets are combined with your spouse’s assets. Over time, these assets grow, deplete, and change. Additionally, you may make major financial decisions together, including large purchases, and so on. These assets will have to be divided during a divorce, and untangling a couple’s finances is often difficult. In fact, many people choose to bring in experts, such as forensic accountants, to help with the process. Taking on the process alone and making even a small mistake can mean losing out on far more than you would have with the help of an attorney. You will also have to know how to divide complex assets like retirement plans, business investments, and stock portfolios, in addition to determining tax ramifications and figuring out alimony and child support formulas.
Representing yourself in custody disagreements:
Child custody is an incredibly delicate matter and it should not be taken lightly. When it comes to custody, it is important to work with a seasoned attorney. Making a custody decision without understanding the full legal ramifications can be devastating. Additionally, child custody is often an emotional topic and things can get heated. This is because parents don’t always see eye-to-eye when it comes to what is best for their kids. As a result, it is easy for things to get ugly- for example, if your ex makes false accusations against you, it can be difficult to combat his or her claims without an attorney helping you compile evidence. Divorce is an emotional process, and when emotions run high, arguments can quickly ensue. In this case, it can be good to have an attorney act as a buffer.
If you are getting divorced, it is important to work with the right attorney. Contact our firm today to schedule an initial consultation with a skilled and dedicated divorce attorney.
CONTACT OUR FIRM
Peter V. Mandi, Esq. is an experienced divorce and family law attorney located in Bohemia, New York. Our firm understands the impact a divorce can have on your life. If you require strong and dedicated legal representation in Long Island, New York, please do not hesitate to contact Peter V. Mandi & Associates, Inc. today.