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The best timing for a Massachusetts divorce

Some recent studies indicate that people in Massachusetts and across the country tend to file to end their marriages around the same time of year. For many, this coincides with the end of the holiday season or following a family vacation. These patterns, some argue, occur because those seeking a divorce make their decisions on when to file based on their emotional state rather than their financial situation. While the end of a marriage is an emotional process, ensuring that a person is prepared financially could be in his or her best interest.

A divorce requires a close examination of a couple's financial situation. As a result, a person considering divorce could benefit if he or she has already spent time gathering pertinent financial documents, including information on bank accounts and other assets. Keeping the documents in a safe place -- away from the other spouse -- is also a prudent choice.

In addition to gathering documents, a person seeking divorce needs to be able to fund his or her divorce. Some people have a secret emergency fund, but those who do not may need to consider how they will pay their bills and meet other financial obligations. Additionally, establishing a bank account in their name only as well as correcting mistakes on a credit report and opening a credit card in their name can help ensure that their credit is sound.

When a person makes the decision to divorce, he or she is often eager to start proceedings. However, taking some time to ensure both emotional and financial readiness could ease the process of moving from a two-adult household to two separate ones. An attorney with experience with family law can help those in Massachusetts take the necessary steps to begin the process that could potentially lead to a happier, more fulfilling life.

Source: Forbes, "Women -- When Is The Best Time To File For Divorce?", Jeff Landers, Sept. 23, 2016

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