Your Divorce, Your Money, and Your Financial Future 

The decision has been made. Your marriage or your relationship is coming to an end and your divorce is in the works. Now, perhaps more than at any other time in your life, you need to think clearly about money and your financial future. You will be making decisions that will affect the quality of your lifestyle for the rest of your life.

     ♦  Is an equal division of property the same thing as a fair division? 

        ♦     How long, if at all, should alimony be paid?

     ♦  Who, if anyone, should keep the house?

These and many other financial questions are integral parts of any divorce settlement. Yet what is missing in most divorces is financial expertise. An attorney can help you understand your legal rights and opportunities. A therapist can help you understand your emotions and move on to the next phase of your life. But only a Certified Divorce Financial Analyst can help you evaluate and plan for the short and long-term financial consequences of your separation or divorce.

Be sure to look at our discussion of 13 Mistakes Not to Make, to help you recognize some of the pitfalls of a poor divorce settlement, and to teach you what to look out for in your divorce financial planning.

Many people are entrenched and positional moving forward in their financial negotiations. By understanding the myriad options available and the tax and other economic consequences or your choices, you can have better outcomes, often with less acrimony.

Risk Management Group and Jamie S. Lapin, CFP®, CDFA^TM, can help you make informed decisions about your divorce settlement, your money, and your financial future. Call today to schedule an initial consultation.