Marriages often fall apart slowly. People develop resentment over time and often try to work on the marriage for years before filing for divorce. By the time either spouse takes legal action, both may have a degree of conflict fatigue. They may not want to negotiate aggressively.
Instead, their main desire is to get the process over with as quickly as possible and begin rebuilding their lives. Spouses preparing for divorce sometimes rush through the property division process. They make unnecessary concessions just to avoid conflict and try to settle everything rapidly. Instead of prioritizing expediency, it is often preferable for people to focus on securing the best outcome for their future financial stability.
Achieving a fair outcome takes time and effort
Connecticut is an equitable distribution state. If property division matters go to family court, a judge tries to settle things in a manner they view as fair. Many spouses hope to settle asset division matters without litigating.
While some compromise is necessary, it is still important to think about overall fairness and long-term financial recovery when negotiating asset division and debt distribution as part of a divorce. Spouses should take the time to identify and properly value their marital resources. They may want to work with professionals to evaluate financial records to look for signs of dissipation or hidden assets.
They may even require professional valuation for resources such as businesses and real property. All of that work leads to a better understanding of the marital estate and therefore a more reasonable property division outcome. Instead of focusing on winning or getting the process over as quickly as possible, keeping a focus on long-term financial recovery and happiness is usually the best option.
People who make concessions on matters that may have emotional significance can often push for more financially beneficial terms. Giving up possession of the marital home, for example, might result in an equity payout that more than offsets the temporary frustration of losing a house. People preparing for divorce often need help learning about the law, evaluating their circumstances and setting achievable goals.
Securing representation can make it easier for people to push for property division outcomes that are fair and appropriate. Those with the right support and a proper focus can set themselves up for a comfortable future after divorce.