During the Divorce:
Do you have enough to live on?
In order to answer this question regarding your financial ability to support yourself after your settlement, you will need to have detailed information regarding your current and future income and expenses. A Certified Divorce Financial Analyst® will provide information and assistance in carrying out essential steps in gathering relevant financial information for objectively analyzing your financial situation.
Some of these steps include listing all assets, reviewing recent tax returns, calculating what part of support payments might go to taxes, and preparing a spending and savings plan to determine how much you will need for living expenses.
This period will also be a time where you will need to reassess personal goals, resources, asset allocation, and your investment portfolio. If you have been out of the workforce, securing full or part-time employment will be another option to consider.
OTHER TOPICS RELATED TO "DURING" THE DIVORCE: