Living Together After the Divorce is Final
Before filing for divorce, spouses should consider the costs of separation. Begin by creating a balance sheet showing your monthly household income verses expenses. The next step is to divide both incomes in half, double the amount of the household expenses, and subtract total expenses from the net income. This is the amount of extra income that will be available to you after you have paid your post-divorce monthly expenses. When creating a new budget, many couples find that there will be little, if any, excess income available to them once they have paid their monthly bills. It is at this time that they also realize that they cannot afford to maintain two households. This is the reason for a recent trend where divorced couples continue to live together in the marital home rather than moving out and paying for separate residences. Although far from ideal, this generally uncomfortable arrangement still allows both parties to maintain a higher standard of living than they could afford if living separately.
Located in Denver (303) 515-5000 and Fort Collins (970) 472-1838, The Harris Law Firm is Colorado's largest family law firm. Focusing exclusively on Colorado Divorce and Colorado Child Custody and Support, the firm's philosophy is to work with you to resolve your legal matter in the best way possible. When you consult with one of our attorneys, the expert legal advice you receive will help you understand your rights and options according to Colorado law. And when you retain this AV rated firm, the many years of combined experience provided by your legal team will ensure that the resolution of your case is handled in the most organized, timely, cost efficient and effective manner possible. If you want to limit conflict and protect your rights, call us today to schedule a private consultation in our Denver or Fort Collins offices. Call us at 303 515 5000 or send us an email at firstname.lastname@example.org.
0 Comments, 2073 Views