Divorce and Finance 101

Divorce is a common situation that many people will face in their lifetimes. Knowing what to do before, during, and after a divorce can set you up for success in the future and help you protect your assets. A recent article from US News lays out the steps to take. Before the divorce, assess your financial situation independently and seek professional guidance. During the divorce, prioritize your goals, stay engaged in proceedings, and anticipate necessary lifestyle adjustments. Afterward, reassess your financial goals, strategize with a financial planner, and give yourself grace as you adjust to your new circumstances. It's crucial to advocate for yourself throughout the process and take an active role in managing your finances post-divorce.

Click here to read the article.

This communication is for informational purposes only. No content or reference to a third-party article is intended to be a recommendation for the sale or investment in any product, strategy or service nor should it be perceived as individual advice. This commentary does not necessarily reflect the opinions of all employees or XML Financial Group and its affiliates (“XML”).  XML is not responsible for any actions taken related to this information.