5 steps to prepare your finances for divorce

5 steps to prepare your finances for divorce

If divorce is on the horizon, don’t wait to consider how it may impact your finances. Proper preparation for the divorce process will help you avoid financial mishaps that could affect you for many years to come. Here are five key steps you can take to prepare your finances for divorce: Gather financial records: If you think you’ll need it, it’s best to keep it nearby. This can include but is not limited to: bank statements, retirement statements, life insurance policies…