When an impending divorce seems unavoidable, preparation is critical. There are many facets of your life to consider including emotional, legal, and financial. This article, written by Stephanie Maloney, does an excellent job of covering some financial items to prepare in anticipation of a divorce.
“The goal of a collaborative divorce is to keep the family unit intact while mediating and working towards an amicable agreement. Thus, avoiding the unrecoverable emotional & financial turmoil court and litigation can create.
We often suggest that clients prepare themselves financially before their divorce process begins and make financial plans after it has been finalized. Here is a checklist that we share with our clients to help them prepare for the task at hand:”