Get Smart About Divorce Finances 💔 💔 💔
Divorce can be financially devastating if you're not prepared. Here are tips to minimize the money damage:
🏀 Know your full financial picture before dividing assets. Surprises lead to bad deals.
🏀Pay off joint debts promptly. Don't prolong liability.
🏀Calculate all housing, child, and living costs post-divorce. Budget realistically.
🏀Consider tax impacts when splitting retirement accounts. Avoid unnecessary bites.
🏀Don't let emotions drive legal negotiations. Stay cool to get the optimum settlement.
🏀Update beneficiary info, wills, and powers of attorney. Don't leave loose ends.
🏀Keep saving, spending less. The assets you keep are assets you have.
🏀Hire valuation experts cautiously. Aggressive tactics often backfire.
🏀Plan for the long-term. Your ex isn't your retirement plan. 🔔
Protect yourself and your finances by getting smart about the financial realities of divorce. My background as a CDFA and CFP@ can help guide
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