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Don't forfeit your rights for a quick divorce

Many spouses make unwise emotional decisions when they realize that their marriage is crumbling. Of course, few people ever make it through a divorce without making a number of compromised choices, but some place their future security at risk needlessly. This is especially true in marriages that hold significant assets.

If you are considering divorce, or if you've already rushed over the cliff, be sure that you seek out experienced, professional legal counsel. You certainly don't want to agree to divorce terms that place you at a disadvantage or miss out on important opportunities in your rush to exit the relationship.

Unfortunately, this scenario is far more common than you might think. Many divorcing spouses sign on the bottom line of documents that do not truly serve their best interests because they can't stand the thought of remaining married to their spouse for a second longer than they have to. Similarly, some people carry such great fear of their spouse that they forfeit many of their rights and privileges to get away as soon as possible.

These responses are normal and understandable, but they are not necessarily wise. In fact, if you agree to settlement terms that are exceptionally unfair to you, a judge may refuse to grant you the divorce and require that you return when you've reached a fairer agreement.

Before you make an emotionally-driven decisions about legal and financial issues, be sure to speak with an understanding attorney who can help you navigate these issues properly. An attorney can help you protect your rights and build strategies to achieve your divorce goals while also helping you address your motivations to flee the marriage in practical ways. You may have more options than you realize.

Source: CNN, "Top 10 Mistakes in High Net Worth Divorces," Joey Battah, accessed Nov. 30, 2017

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