Contemplating Divorce: Assessing Financial Fitness and Family Law Planning
Knowing where to locate and/or have copies of family documents is one of the most important steps for both clients who are happily married and those who are not. Whether deciding to move forward with a divorce or not, this step is imperative in all situations.
February 01, 2022 at 06:37 PM
5 minute read
Financial Services and BankingContemplating divorce is an emotionally charged decision. The unraveling of something that was never intended to unwind is consuming, and often accompanied by feelings of sadness, anger and guilt. Most often when contemplating this decision, time and energy will be spent on questions surrounding "Is this the right time?" "How will this impact our children?" or "Can we work things out?"
Understandably, and often overshadowed during the initial stages of this important decision, are questions and considerations around the financial outcome of a divorce. While not a comprehensive list, from both personal experience as well as helping many clients over many years as they contemplate a divorce, pre-divorce planning and the following steps can make the process easier.
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