Financial Issues Sometimes Overlooked in the Heat of Divorce
Input of financial planners who work with people who are going through divorce produces the following checklist of financial items worth addressing in the divorce but often overlooked:
- health insurance expenses after the divorce
- mental health counseling expenses
- personal credit (without a joint creditor)
- expenses for hiring third parties to help with tasks your ex used to do
- expenses of maintaining the marital residence on your own
- impact of taxes on property distributed to you
- expenses of getting yourself equipped to return to the workforce
- increased children’s expenses later on as they mature
- legal expenses for your future disputes because this may not be the last of them
Read more in this New York Times article: Financial Decisions to Make as You Divorce.
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