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Financial Advice during Divorce...


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Old 01-27-2012, 01:42 PM
Jakinda Jakinda is offline
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Default Financial Advice during Divorce...

Now I am posting for which person during a divorce time period and don't have idea of finance. Having a fair and complete knowledge about your finances is the key to save you from a financial disaster and now i will show you some step for your guidance. You need to assess your current assets and evaluate how much you need to spend on fighting to get them.
1. Financial Victim 2. Divorce through Mediation 3. Punishing Your Spouse 4. Tax Impact on Your Finances 5. Accurate Budget 6. Emotional Attachment to Divorce Negotiation 7. Updating Estate Documents 8. Post-Divorce Financial Planning
If you discover your spouse intentions for divorce, donít be involved in emotional hustles then. Your time is valuable, use to secure your life first. Remember to make copies of all important financial records like bank accounts, credit card statements, real estate and so on. If your spouse is after liquidating the marital assets, then get legal notice to restrain him. Check your current finances, cash, loan and credit. What people fail to develop is a post-divorce financial plan, which can cause disorder in your post-divorce life. Post-divorce plan is not to manage finances after your divorce but to understand how much you will need and you should claim to have your life well settled post-divorce.
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