As you prepare for divorce, you’re likely to have concerns about your financial future. With so much changing, you’ll have a variety of questions about how to maintain financial stability, common mishaps and the strategy you can use to stay on track.
Here are some of the many questions you should answer before the divorce process begins:
- Do you have a property and debt division checklist to guide you?
- Do you have reason to believe you’ll receive child support or alimony? Do you have reason to believe you may have to pay one or both of these?
- Where do you plan on living post-divorce? Do you want to stay in the family home or move on?
- Do you have a budget that you can rely on?
- Do you need to seek employment? Do you need to seek a new job that pays more?
- What are your plans for maintaining financial stability so you can best care for your children?
- Have you altered your estate plan accordingly?
These are just a handful of questions to address as you prepare for divorce. Doing so will put you in a better position to protect your financial future, and that’s something that should always be on your radar.
As you move through the divorce process, pay close attention to anything you can do to protect your legal rights and finances. By taking the right steps, at the right time, you’re able to feel as good as possible about what the future will bring. And there’s no replacement or peace of mind during this challenging time of your life.