Joseph H. Beale Attorney At Law, PLLC

Smart money management during divorce is important

When people initiate the process of ending their marriage, one of the main concerns they have is about their financial futures. It's normal to have serious misgivings about what the future will look like on one income, and it may take some adjustments to various areas of a Virginia reader's life. Smart money management during the divorce process will lead to a smoother transition to post-divorce financial circumstances.

One helpful money management tip is to plan a budget. By knowing what's coming in and going out, a person can better monitor spending. Divorce can be an expensive and financially uncertain time, and it's smart to be cautious with spending. A person may also want to start making adjustments in lifestyle now. Even in high-income divorces, each party may have to get used to new financial circumstances, and having a spending plan now can pay off in the future. 

Another important money management tip for divorce is to adjust expectations. Many people expect to get alimony or hope to retain certain assets, but those things are not guaranteed. By having reasonable expectations, a person can have a better idea of what his or her financial future will look like. 

Money management during divorce is important because it will lay the foundation for post-divorce financial stability. A Virginia reader concerned about money and a fair property division settlement does not have to go through this process alone. It may be helpful to seek a complete evaluation of the individual case, learning as much as possible about the legal options available. 

No Comments

Leave a comment
Comment Information

Honors And Awards

  • Avvo Rating 10.0 Joseph Harry Beale
  • Martindale-Hubbell Peer rated For Ethical Standards and Legal Ability
  • The National Top 100 Trial Lawyers
  • Martindale-Hubbell Notable Peer rated for strong ethical standards
  • 10 Best Attorney Client satisfaction
Email Our Team

Contact Me To Discuss Your Legal Needs

With offices in Herndon and Aldie, I serve clients in northern Virginia and Washington, D.C. To speak with an experienced, dedicated and highly rated lawyer, call me at 571-335-1831 or send me an email.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Herndon Office
13800 Coppermine Road
Suite 105
Herndon, VA 20171

Phone: 571-335-1831
Fax: 703-327-8394
Herndon Law Office Map

Aldie Office
25817 Racing Sun Drive
First Floor
Aldie, VA 20105

Phone: 571-335-1831
Fax: 703-327-8394
Map & Directions

Call Today At
Facsimile
Review Us