Divorce is complicated and very expensive. Read the 3 ways to avoid money mistakes during divorce, then call our lawyer for a free review.
Divorce is complicated — emotionally, legally and financially. Many of the decisions you make during the process, especially financial decisions, can affect you for decades. And a simple mistake can hurt your ability to save for retirement, buy a new home or car, or move on with your life.
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Focus on these three tips to help prevent common financial mistakes during divorce:
1. Keep the big picture in mind
It’s easy to forget that divorce is ultimately a business transaction, so you have to keep the big picture in mind. Prioritize the issues most important to you, and let go of the smaller battles.
Even in a simple divorce, you might have to pay attorneys, financial experts, therapists and other professionals. A highly contested divorce can be even more costly. Many expenses come from needlessly fighting over smaller concerns, which are inconsequential to…Read the entire article by Shawn Leamon on NerdWallet.com
Download Our Free Divorce Guide