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Issues that are often overlooked during a divorce

On Behalf of | Jun 20, 2023 | Divorce

It is no secret that the divorce process involves navigating complex emotional and practical issues. While some aspects of divorce, such as property division and child custody, typically receive a lot of attention, others may not get the consideration they deserve.

Addressing these often-overlooked issues can help ensure a smoother transition to post-divorce life and safeguard your long-term interests.

Emotional impact

The emotional impact of divorce is often underestimated. The stress and grief following a separation can be incredibly severe and impact many facets of your physical and mental health. For example, the American Institute of Stress highlights the negative impact of divorce on the immune system. Divorce is not just a legal process, but also a significant life change. It is important to seek support, whether from trusted friends, family members or professional counselors.

Health insurance

Health insurance is another issue that often gets overlooked. If one spouse received coverage under the other’s health insurance, they will need to arrange for their own coverage following the divorce. Address this early on to ensure continuous coverage.

Retirement accounts

Retirement accounts are often overlooked. However, these can be a significant part of a couple’s financial assets.

Taxes

Do not forget the tax implications of a divorce. From filing status changes to potential tax liabilities for alimony or child support, these issues can have a significant impact on your financial situation.

Divorce involves more than just ending a marriage; it involves a series of decisions that can affect your life for many years to come.