Deborah Moskovitch: The Finances Of Divorce
A client came into my office the other day in tears. She was just about to sign papers to purchase her new home, but was now feeling unsure of her decision. My client was in the middle of negotiating her financial agreement and wanted to prepare herself for the fresh start she desired once her divorce became final.
After a few more tears and 30 minutes of talking, she began to understand how the "emotional divorce" could impact "the legal divorce." What this means is that there are two sides of divorce to wade through -- the emotional and the legal. Divorce is upper-case Emotional, and if not managed properly, it can wreak havoc on the legal process and financial outcomes. While it would be really nice if the two elements could be handled one after the other -- you could spend a few years dealing with the emotional issues, and then, heart and head clear, go through the legal process -- but the truth is that emotions and legal processes cannot be clinically separated, and usually have to be managed at the same time.
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