Posts Tagged ‘property’

May 19, 2010

Six Ways to Protect Your Pocketbook Before, During, and After Divorce

Divorce is expensive and can be a major setback in reaching your financial goals. During this time you’ll need to make serious decisions about your current finances and your future.

The following tips will help keep you on track and your divorce in order.

Tip #1 – Look at Your Current Financial Situation

Now that you’ve decided to divorce, it’s time to sort through your financials. But before you separate, pay for as many joint expenses using joint funds as you can. For example, pay for home repairs and new school clothes for the children using your joint account. After you split funds it becomes more complicated to track who pays for what expenses.