When it comes to divorce, statistics suggest that men and women approach the matter differently. In fact, one shocking statistic suggests that women make up 75 percent of all elderly people living in poverty, and that 75 percent of those women were not poor while they were married. This data should spur all Colorado women into making better decisions both within and after their divorce.

One of the most common mistakes that women make during divorce is to allow their emotions to guide the negotiation process. Rather than approach the matter in a business-like manner, they begin to feel stress and anxiety about issues of contention. Many women will accept less than what they are entitled to, simply in an effort to move beyond the negotiation portion of the divorce.

This a serious mistake, as the financial ramifications of the division of marital property will stay with a spouse for many years to come. Poor choices made at this stage can haunt an individual for years, and can be difficult to overcome. Women should always be aware of whether they are feeling pressured or rushed, and must slow down whenever that seems to be the case. It is far easier to make good financial decisions when there is no pressure involved.

One of the best ways that women can safeguard against these and other mistakes is to work with a trusted legal advisor. When an individual feels confident in the skills and intent of A divorce attorney, it is easier to accept his or her advice and make informed decisions. This an important consideration within a Colorado divorce, maybe even more so for women.

Source: The Huffington Post, “Ladies: Let’s Stop Making These 5 Financial Mistakes!“, Michelle Cortes-Harkins, Oct. 1, 2015