Beware These Financial Mistakes in Divorce

  1. Not having a laundry list of all of the assets (both physical and intangible) and debts, with at least a rough notion of their value
  2. Digging in Your Heels to Stay in the Home, even when it stretches you too thin
  3. Not Wrapping Your Head Around Your Expenses and Building in a Cushion:
  4. Allowing Hurt and Anger to Drive Tactics and Negotiations, to the Point of Cutting Off Your Nose to Spite Your Face
  5. Not Factoring in Tax Impact in Property Division
  6. Not Following Through on Important “Details”, such as updating titles, beneficiary designations, wills and trust, medical powers of attorney, verifying insurance policies regularly

Read more in this Yahoo Finance article by way of the Wall Street Journal: Divorce and money: Six costly mistakes