Divorce can be difficult and emotionally challenging, and many clients may not know what to expect when the process is finalized. If you are in the process of a divorce, here's a quick guide to help you understand the legal and practical implications of a finalized divorce.
Understanding the Legal Implications of a Finalized Divorce
When a divorce is finalized, the court will issue a final judgment that legally terminates the marriage. This judgment will include several orders, including decisions related to child custody and visitation, child support, spousal support, and property division. Depending on the specific circumstances of the divorce, the court may also make orders regarding the payment of attorney’s fees, costs, and other matters. It is essential to understand that once a divorce is finalized, the court’s orders are legally binding and enforceable. This means that if either party does not comply with the court’s orders, the other party may seek enforcement of the order from the court.
Updating Your Legal Documents
After a divorce is finalized, it is crucial to update your legal documents. This includes updating your will, power of attorney, and other documents that name your former spouse. Additionally, you should correct any beneficiary designations on your insurance policies, retirement accounts, and other investments.
Changing Your Name
If you wish to change your name after a divorce is finalized, you must petition the court. The petition must include the reason for the name change and be signed by both parties in the divorce. Once the petition is filed, the court will set a hearing date. The court will review the petition at the hearing and decide whether to grant the name change.
Tax Implications
The Internal Revenue Service (IRS) considers divorce a life-changing event, and it is important to understand how this may affect your taxes. Generally, when filing taxes after a divorce, you must use the filing status of “single” or “head of household.” The court’s child support and alimony orders may also affect your taxes.
Roseville Divorce Lawyers
Finalizing a divorce can be a complex and emotional process. Understanding the legal and practical implications of a finalized divorce is critical for setting yourself up for success in the future. Our experienced attorneys at Bez Law Firm, P.C. can help you understand the legal implications of a finalized divorce and ensure that your rights and interests are protected throughout the process. Contact us today at (916) 512-8944 to learn more.