1

If people aren’t fighting about their kids during separation and divorce they are fighting about finances. The worst cases are fighting about both.

I’ve said it before and I’ll keep saying it. It’s important to make informed decisions during your separation.

You need a divorce team; not just a lawyer, to ensure that you have all of the information that you need to make good decisions. Decisions that you are not going to regret

You may need a lawyer, a Certified Divorce Financial Analyst (CDFA), a Mediator and/or a Counsellor to help you navigate through the process.

When it comes to understanding your financial disclosure and that of your ex, along with possible settlement opportunities, a CDFA is the person you want to work with.

Yes it will cost you a little bit of money but you will pay for your financial decisions sooner or later. Wouldn’t you rather pay for them now when you have a chance to change the outcome vs. later when you realize how much those uninformed decisions cost you?

  • Should you keep the house?
  • Will you be ok in your retirement?
  • Why should you talk about spousal support? (If you are entitled to it)
  • How important is it to have insurance to cover support payments?

Don’t just find out what your legal rights, know your financial situation as well. Knowing what your financial future can or will look like is key to making good informed decisions now.

Julie Gill

Financial Separation & Divorce Coach

SeparationCoach.com

One thought on “Divorce And Your Finances”

  1. Great advice. Get all the financial disclosures out of the way right up front. Prevents headaches later and establishes trust and credibility!

Comments are closed.