A financial planner offers some advice about how to approach getting a handle on your spouse’s and your current financial circumstances when preparing for a divorce. Too often, this can be very challenging for at least one spouse.
The methodical checklist-driven system suggested can make this process a bit less daunting and a bit more thorough for the spouse struggling with this process.
This approach won’t help much where a spouse doesn’t have access to information or documentation. But it can certainly help a spouse who is overwhelmed by the process and may have forgotten about various assets and liabilities over time.
Read more in this Norman [OK] Transcript article: Pre-divorce financial considerations and checklists .