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Separating Finances During Divorce

Separating Finances During Divorce

separating finances

Divorce is rarely a fun time, but having the help you need when you need it can make a real difference. That is why it is so important to talk to a trusted local family law attorney about your needs whenever you decide to end your marriage. In Connecticut, just like every other state, there are rules related to the process of dividing finances, and these can be tough to understand on your own.

With our helpful team of family law attorneys at Charles & Concilio, P.C., you have the opportunity to learn a little bit about divorce before you make any decisions. Here in our state, separating finances is done through a concept known as “equitable division,” which looks at a range of factors when determining how much each partner receives. This can be difficult to understand, and when it becomes too much for you to handle, we are here to help. To find out more about our office or our services, call our office today!

What Happens During Financial Division?

Ending a marriage can be emotionally challenging, and the process involves more than just personal feelings. Each state has specific requirements for how a divorce should be conducted, and the financial aspects are particularly significant. It’s crucial to understand these financial elements, as they play a major role in the proceedings.

While some states follow the community property principle, which divides finances equally, Connecticut uses the concept of equitable distribution. This approach allows a judge to consider various factors related to the marriage to determine a fair resolution for both parties. Given the tough nature of this process, consulting with an attorney can be a serious help in learning how equitable distribution might affect your finances. We’re here to help, so reach out today.

Share A Child Together? Custody Can Be Complicated

If you and the other person have had one or more children together, then the divorce process might have another step. In Connecticut, we take the raising of children very seriously, and our laws reflect this feeling. So, the court system wants to make sure that you two have it covered.

By working together to craft a parenting plan, you can put your wishes down on paper. These are signed documents that outline the rights and responsibilities of each parent, and they can be a serious help during custody negotiations. Ask our team about all of your options to help yourself move forward after divorce.

Find Your Pathway With C&C

Are you ready to move on from your current marriage? There are steps to the process. To find out more about separating finances during divorce, call The Law Offices of Charles & Concilio, P.C. in Cos Cob, CT at (203)234-1000 today.

Divorce

The dissolution of a marriage is emotionally difficult, and our team meets you where you are with compassion and understanding.

Custody

We represent you and your children’s best interests through custody matters by gaining a thorough understanding of your situation.

Other Services

Our attorneys can provide representation for your children’s best interests and safety when parties cannot reach agreement.