Going through a divorce can be incredibly emotionally challenging, but it may also represent the beginning of a new phase of your life.
When starting a new chapter, it’s important to consider your financial plan, review your goals, and prepare for any challenges you might face in the future. This could be especially true during a divorce as the process and aftermath of a separation might significantly affect your financial position.
Financial hurdles could cause additional stress during an already difficult time. Fortunately, with our help, you may be able to mitigate some of these challenges after a separation and continue working towards your financial goals.
This guide outlines five key financial planning considerations during a divorce:
1. Taking stock of your financial situation
2. Making important decisions about your living situation
3. Considering how divorce could affect your retirement plans
4. Assessing your protection needs
5. Reviewing your estate plan.
Download your copy here: ‘5 key financial planning steps to consider during a divorce’ to find out more now.
A divorce can have a significant effect on your finances now and in the future. A financial plan could help you maintain financial stability and continue working towards your long-term goals. Please get in touch if changes to your relationship mean you could benefit from a financial review.
