Many residents of Peoria have probably heard about some Illinois residents who have behaved poorly during a divorce or separation. Some have let their emotions get so out of control that they commit an act of domestic violence or other criminal behavior.
Others may get caught trying to hide assets or intentionally squandering them, while still others may get embarrassed by an ill-advised text or social media post.
However, it's important to remember that even people who are trying hard to play by the rules can make some key mistakes during a divorce as well. These mistakes can come back to haunt a person financially and, in some cases, can even have legal implications.
Perhaps the most important thing one can do during a divorce or separation to avoid these mistakes is to go through the process of making a comprehensive, detailed financial plan and going over that plan, and its goals, with one's attorney.
The planning process itself will force one to think in the long-term and also consider all financial consequences of one's decision. For example, someone who has gone through the planning process might see that extra spending, a change to a different, lower-paying job or even just insisting on keeping the martial residence might have an adverse effect on their overall goals.
Especially in the stress of the moment, even good people who want to play fair can make critical, albeit understandable, errors during the divorce process. These errors can linger for a long time as they try to put their lives back together following a split. This is one reason why many Illinois residents rely on experienced family law counsel to help them navigate through a divorce.