Divorce Mistakes and Tips
1. Don’t use your children as pawns
2. Don’t start a new relationship first, then put your divorce second on the “to-do” list
3. Not hiring an attorney
4. Using verbal abuse
5. Rubbing salt in the wound
6. Using a difficult attorney
7. Becoming passive
8. Arguing over who gets what
9. Serving spouse with divorce papers in embarrassing places
10. Responding with anger
11. Not knowing (liquidity) of assets
12. Failure to consider tax consequences
13. Not understanding retirement accounts
14. Overlooking debt and credit rating issues
15. Not maintaining control over insurance policies
16. Failure to budget (lifestyle; alimony, child support, etc.)
17. Failure to identify hidden assets
18. Negotiating w/o a proper inventory
19. Letting friends tell you what you need or how to feel
20. Trying to win spouse back by being generous
21. Viewing divorce filing as “scare tactic” and therefore, not serious
22. Being unprepared
23. Not seeking financial advice
24. Rushing to court
25. Failing to untangle your assets
26. Not considering mediation
27. Emotional attachment to assets during divorce negotiations
28. Using your divorce lawyer as a financial planner, therapist, or messenger
29. Beware of settlement offer that looks too good
30. Forgetting to update Estate documents
31. Is there a Power of Attorney, living will, etc. involved
32. Being in a hurry to settle, for unfavorable terms
33. Taking advice from lay people
34. Hiring a lawyer who is not a good fit personally
35. Hiring a lawyer in a hurry
36. Getting stuck on minor details, or alimony
37. Not keeping accurate records of child support payments
38. Doing a quick and sloppy job on financial records
39. Neglecting the kids
40. Not taking outside consultants seriously
41. Talking too much
42. Concealing information from your lawyer
43. Becoming consumed by your divorce
44. Not seeking emotional counseling
45. Making unreasonable demands
46. Making recorded statements to others
47. Speaking with Opposing Counsel
48. Not taking your attorney’s advice
49. Not keeping a parenting notebook
50. Involving your children in the divorce proceedings