Losing your spouse to divorce is emotionally traumatic.
No matter the reason for the divorce, or the stage of life in which it occurs, divorcing is generally a painful experience and the financial aspects can cause a great deal of anxiety.
Should I keep the house?
Should we divide retirement accounts?
Child support? Alimony?
How do I plan for my financial future?
As difficult as divorce can be, there are things you can do to feel more empowered facing the future: Focus on business, not emotions (focus on emotional healing later.) Put energy into a comprehensive inventory of assets and liabilities. Create a detailed budget for now AND the future. And get help with the overwhelming list of “things” you have to deal with.
Financial advisors, counselors, clergy, and family can all be a part of your support group to help you navigate your new normal. Considering a Divorce Financial Analyst™ could make sense to help focus on the things that will benefit you the most.
The financial aspects do not have to be so overwhelming if you walk the path with someone who’s gone down it before you.