Seeking Professional Advice to Protect Your Finances After Divorce

Posted on Dec 17, 2010 by Hofheimer Family Law

As you prepare for a divorce in Virginia, give careful consideration to whom you want to work with and whether you should seek professional guidance at this time. Some women, as they prepare for a Virginia divorce may decide that they will try to save money by forgoing professional advice and opt instead for a do-it-yourself divorce in Virginia.

While this does work for some couples and is certainly cheaper than hiring a professional Newport News divorce lawyer, the do-it-yourself divorce method is one that comes with certain risks and drawbacks.

One thing to consider is how you can best protect your financial future and long-term monetary outlook as you proceed with your divorce. For women who have complicated division of property issues, Virginia spousal support and Virginia child custody and child support concerns, a do-it-yourself divorce may actually be more costly in the long run. This is because you will not have a professional advocate on your side who can help you to understand how to negotiate for a fair settlement.

Another important professional that you may consider consulting with is a financial planner or a financial adviser
. Perhaps look for someone who specializes in helping women who are going through a divorce or have recently separated or divorced in Virginia. Speaking with a professional financial adviser may help you to get a better understanding of where you are right now and what you can do to protect your financial security well into the future.

Remember that if you choose to work with a Newport News divorce lawyer, you should be very cognizant of how you use this particular resource. Your lawyer should not be looked at as your financial adviser or therapist. While your attorney is your advocate, it is not cost-effective-or a good use of your attorney’s time-to ask about how you should invest your money and the like.

By knowing some of the common financial blunders during divorce you can start to make a careful plan about your own divorce team, should you choose to hire one, and how to proceed with your divorce in a way that will protect your financial future.

Contacting a Newport News Divorce Lawyer for Women

The decision to file for divorce usually comes at the end of a long and painful journey. In addition to the emotional turmoil involved, there’s also a lot of fear and uncertainty about what the future holds. Concerns about children, mortgages, and even just paying the bills or buying groceries can easily become overwhelming.

A Newport News divorce lawyer at Hofheimer Family Law Firm can examine the specifics of your case to help you decide how much support to ask for, what child custody arrangement will work best for you and your children, and how to fairly divide your marital assets. Request a FREE copy of our divorce book for women in Virginia, or reserve your seat at our monthly divorce seminar – 757-425-5200.