Tulsa divorce lawyer offers tips for getting through financial process

Going through a divorce is not only mentally taxing, it also is financially trying. This isn’t strictly due to attorney fees, court costs, child custody and alimony; quite often there are many more financial factors that come into play. The Tulsa family law firm of Fry & Elder fully realizes and empathizes with those out there who are going through a divorce in Oklahoma and are undergoing both mental and financial duress. Robert G “Hap” Fry Jr., a renowned Tulsa divorce lawyer, has put together a list of items that those going through a divorce can use as a road map to better assist them in getting through the financial process that comes with going through a divorce in Oklahoma.

Get Team of People You Can Trust on Your Side

Ideally, this needs to start with hiring a proven and experienced Tulsa divorce lawyer, who will better ensure that your best interests are protected. Still, as a valuable as having a premier Tulsa divorce attorney on your side is, you also are going to need to have other people in your corner.  These might include having a certified financial analysis that focuses on handling Oklahoma divorce and child custody issues. It also might mean seeking out a mental health counselor, who can serve as an emotional outlet and backboard for you. Family and friends are always important, but you should be open to turning to other resources and not bending a family member’s ear every time something stressful comes up.

Get Organized

This not only will help you be able tackle the process better, it also will greatly help you with your confidence. Once you are sure you are getting a divorce begin collecting and filling away important financial documents if you already have not begun this process. Typically, these include: Tax Returns, Bank Statements, Credit Card Statements and Retirement Account Balances. Try and go back as far you can when collecting these documents, but at least five years if possible. You also are going to want to pull credit reports on both your spouse and yourself.

Prepare a budget based on your new projected income

This obviously is important for a number of reasons. As you embark on a major life transition, you are going to want to try and put together a detailed budget on what you think your income will be. Don’t automatically assume it will be cut in half, but factor in everything from food, medical, school and travel expenses.

Experience the Fry & Elder Difference

Chances are you have a lot more question and are seeking a lot more answers if you find yourself going through a divorce. This makes it all the more important find an experienced, accomplished and proven Tulsa divorce lawyer. The Tulsa divorce attorneys at Fry & Elder are some of the most reputable not just in Oklahoma, but in the United States.

Fry is widely considered to be one of the most decorated, prominent and accomplished Tulsa divorce and child custody lawyers. He has been named to SuperLawyers® every year since 2007 and is a fellow of the American Academy of Matrimonial Lawyers™. Fellow Fry & Elder family law attorneys James Elder, M. Shane Henry and Aaron D. Bundy and Fry have each received the esteemed AV® Preeminent Peer Review Rated by Martindale-Hubbell®, while Luke Barteaux, Bundy and Henry have each been named to the prolific SuperLawyers®Rising Stars™ list.

Behind such an accomplished group of attorneys, Fry & Elder was named to the U.S. News & World Report’s list of Best Law Firms for 2015. Contact Fry & Elder today to set up a personal consultation with a qualified and premier Tulsa divorce lawyer.