Guide: 5 key financial planning steps to consider during a divorce

A relationship breaking down can be incredibly emotionally challenging, and it may have a significant
effect on your short- and long-term finances as well. This useful guide highlights some of the
potential steps you might take during a divorce to maintain financial stability and plan for the future.

 

Going through a divorce can be incredibly emotionally challenging, but it may also represent the
beginning of a new phase of your life.


When starting a new chapter, it’s important to consider your financial plan, review your goals, and
prepare for any challenges you might face in the future. This could be especially true during a
divorce as the process and aftermath of a separation might significantly affect your financial
position.


Financial hurdles could cause additional stress during an already difficult time. Fortunately, with our
help, you may be able to mitigate some of these challenges after a separation and continue working
towards your financial goals.


This guide outlines five key financial planning considerations during a divorce:

  1. Taking stock of your financial situation
  2. Making important decisions about your living situation
  3. Considering how divorce could affect your retirement plans
  4. Assessing your protection needs
  5.  Reviewing your estate plan.

Download your copy here: ‘5 key financial planning steps to consider during a divorce’ to find out
more now.

 

A divorce can have a significant effect on your finances now and in the future. A financial plan could
help you maintain financial stability and continue working towards your long-term goals. Please get
in touch if changes to your relationship mean you could benefit from a financial review.

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