It may have taken just over a year, or it may have taken several. It could have been an amicable divorce, or it could have been just awful. One way or the other, your divorce is final and your marriage is over. What now? Divorce is a process that lands you on the front doorstep of the next part of your life. When you get the word, or the document, that says your marriage is over, take a minute to reflect on the steps to start moving yourself into the uncharted years ahead. Consider these tips:
- Understand economic realities: Most people face a changed economic picture after divorce. You may have spousal or child support on which to rely, but freedom from the past may mean real limits on financial liberties like a yearly vacation or hiring someone to perform house repairs. In the last several years, people across the United States have suffered through an economic recession. After a divorce, you may experience the same kind of need to make do.
- Know the financial details: When divorced, dig out your will and estate plan if you have one. Legally change insurance beneficiaries and make changes to your power of attorney or other designations required for advance medical directives. Ensure retirement assets are properly transferred through a qualified domestic relations order (QDRO) and talk to your financial advisor about investments appropriate for your new situation.
- Take some time: Divorce, no matter how welcome, is a process that deserves to be followed by a period of stability. Many people coming out of divorce are interested in meeting someone new. Give yourself time to re-engage and remember who you are and what you are seeking out of life and your next relationship.
The end of a divorce is a new beginning. Make the most of it, and enjoy your next season of life. Contact Huesman, Jones & Miles, LLC for all matters related to divorce including child custody, child support and property division. Call our Hunt Valley office at 443-589-0150 to schedule a consultation with an experienced Baltimore divorce lawyer.