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A temporary agreement may ease financial concerns during divorce

The end of a marriage is not only emotionally complicated; it can be a source of financial anxiety as well. When one spouse has been more dependent upon the other during the course of the marriage, a divorce may feel like the monetary rug has been pulled out from under foot, too. However, there may be a tool that can help relieve financial worries while Georgia couples work through their divorce settlement.

Couples who are seeking to terminate their marriage may have many concerns about financial stability during the process. Those who are worried about paying the bills, providing for children and paying for the legal costs of divorcing may benefit from a temporary order. This tool can be worked out between the spouses through their representatives and then signed into effect by a judge. This court order acts as a means to preserve the status quo until the final degree is issued.

When these orders are implemented, the spouses may then be able to focus on the issues at hand rather than being preoccupied as to which party will pay the mortgage and who will be responsible for providing for the needs of their children. Another benefit of these orders is the ability to provide protection for any assets and to ensure that each spouse’s credit is protected from abuse. These orders may also address which party may remain in the home and provide the ongoing care for children.

Either spouse may request a hearing concerning a temporary order either at the time the divorce filing is made or shortly thereafter. The peace of mind that these orders may provide may make the entire process easier for both parties. Georgia families who are concerned about maintaining their current standards of living while beginning the process to dissolve their marriage may wish to research whether such an order would work toward their own best interest.

Source: chron.com, “Temporary divorce orders can protect both spouses”, Trey Yates, Sept. 16, 2014