June 25, 2012

10 Things Divorce Attorneys Won't Say

1. You'll pay more than the advertised rate -- way more.
2. I get sued -- a lot.
3. My lack of fiscal know-how will cost you. “Divorces often require complicated financial calculations, like projecting the long-term value of a 401(k). But finance isn't typically part of the law school curriculum.”
4. I make promises I can't keep.
5. I've only handled a couple of divorce cases. Ever.
6. Prepare for plummeting income.Households with children in which the parents divorce and remain divorced for at least six years face a 40 to 45 percent average drop in family income, according to the National Bureau of Economic Research. Divorcing or separating mothers are also nearly three times as likely as married mothers to end up in poverty, according to a 2011 study by the Family Research Council.”
7. Go cry somewhere else
8. You may not even need me.
9. I don't have time for you.
10. I'm dragging my feet.
And the best resource: Divorce & Money: How to make the best financial decisions during divorce. By Dale Fetherling and Violet Woodhouse, CFP, Attorney.  http://www.nolo.com/products/divorce-and-money-DIMO.html

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