Mid to Late Life Divorce

 Ending a marriage? Don’t get divorced from financial reality in the process

Andrew Osterland covers the following points:

  • Sound financial planning may be the last thing on your mind when divorcing but it may never be more valuable.
  • “People make mistakes in the divorce process that leave them vulnerable,” said certified divorce financial advisor Stacy Francis, CFP, president and CEO of Francis Financial in New York.
  • Here are five key financial issues to consider when ending a marriage.

 Five key issues to consider in divorce

1. Mediation versus litigation

2. Budget for the long-term

3. Watch your assets

4. Mind your taxes

5. Update your life   

Details at: https://www.cnbc.com/2021/11/15/dont-get-divorced-from-financial-reality-when-ending-your-marriage.html

Source: Financial Planning for Women