January 2nd is called "Divorce Day"

January 1, 2023

January 2nd is called "Divorce Day"

Introduction

Were you aware that January 2nd is commonly known as "Divorce Day," marking the unofficial beginning of divorce season? While this information may not apply to you, some of your acquaintances or friends may be on the brink of making significant changes in their lives. After maintaining a brave front during the holiday season, they may have reached a breaking point and are eager for a fresh start in the upcoming year.

Given that their financial, physical, and emotional well-being is at stake, choosing professionals well-versed in the complexities of divorce is not just a luxury; it's the most critical decision they'll make. Here are the key individuals your loved ones will need on their team:

1. The Therapist:

Leading the way, the therapist offers essential emotional support, especially when children are involved, ensuring the children's best interests are prioritized.

2. The Family Law Attorney:

In the realm of family law, there are two paths—litigation and collaboration. Litigators excel in courtroom battles, while collaborators focus on peaceful resolutions through cooperation. The choice depends on the unique demands of the divorce.

3. The CDFA (Certified Divorce Financial Analyst):

Serving as the financial quarterback, this strategist manages asset division, safeguarding both parties during the transition to ensure fair financial decisions.

5. The CDLP (Certified Divorce Lending Professional):

Similar to an offensive coordinator, the CDLP assesses refinancing capabilities, aiming to protect the client's purchasing power for a smooth financial transition.

6. The CDRE (Certified Divorce Real Estate Expert):

This unbiased neutral, often considered the "Harvard" of divorce real estate, specializes in handling divorce cases, particularly in property matters, ensuring a seamless housing transition.

7. The CPA (Certified Public Accountant):

Essential for managing tax implications during asset division, the CPA helps your loved ones make informed financial decisions while minimizing tax burdens.

8. The Estate Planning Attorney:

This strategist secures assets and plans for the future, ensuring your loved ones can move forward with a new legacy.

While hiring experts comes with a cost, it's worth noting that over 40% of individuals going through divorce experience poverty afterward. Much of this can be avoided by making informed, holistic decisions. Not having experts in their corner can be more expensive.

If you know someone who might benefit from our assistance, please feel free to share about Sefton Kelly Family Law.

Rest assured, discretion and confidentiality are cornerstones of Sefton Kelly Family Law, you may always call us at 630 428 3300, our team of dedicated lawyers will help you and your family navigate the legal process and achieve renewed collaboration.