Probably one of the toughest parts to any divorce is the emotional trap that revolves around money.
Depending on your situation, you may have to part with a hefty chunk of your savings, investments, retirement fund, and pension.
For the most part, martial assets will be divided equally by the courts.
The key word here was 'marital'.
That means any funds that you have put into a joint account become marital.
If you make $100,000 a year and your spouse does not work, the money you put into a joint account becomes both of yours.
It gets divided equally.
Doesn't sound fair, does it? The same holds true for your 401K plan.
In my case, I had one, she did not.
Now she's got half of mine.
I urge you to remember the fact that it's only money.
We've all heard the old proverb that 'money makes people do crazy things'.
Here's crazy for you, how about paying your attorney thousands of dollars to fight your spouse for the same amount.
Many people get wrapped up in the money and forget to think straight.
Chances are you will be required to divide your assets equally, so don't waste any more money fighting over things that will be out of your control anyway.
Also remember the longer it takes to finalize your divorce, the more money you need to pay your attorney.
My divorce went for over five years and over thirty-two thousand dollars to my attorney.
I'm guessing my ex paid her attorney close to the same.
Think about that, we could have put our daughter through college with the money wasted on attorney fees.