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« Be Careful When Dividing Pensions in a Divorce | Main | Profit-Based Bonuses are Lawful »

November 05, 2007

Make Sure to Get in Writing

In the rush for parties who are ending their marriage to save money, people find themselves having verbal "agreements" as to how things are going to work out. This is not the way to go! All understandings regarding kids, financial support, and property division need to be in writing at a minimum to have any legal effect. The first step is to contact an attorney experienced in this area of law to piece a successful resolution strategy. The dollars spent up front, will save many dollars, significant resources, and time, later on when there are enforcement and interpretation issues that often crop up with verbal agreements.

Article Submitted By: Attorney Daniel Gold

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