Today, we’re sharing a helpful article from Forbes, “Six Must-Do Financial Steps for Women Facing Divorce.” The original article was written by Jeff Landers of Bedrock Divorce Advisors in 2011, however the information is still helpful and relevant today.
Landers’ advice is to “tackle your finances first.” This six steps to prepare for a divorce include:
- Take inventory of all financial documents and records.
- Begin securing funds for legal and other professional fees.
- Open new accounts in your name.
- Get a copy of your credit report.
- Open a Post Office box.
- Change your Will, Medical Directives/Living Will, etc.
Landers works for Well Fargo Advisors and holds a Certified Divorce Financial AnalystTM (CDFA) designation which he obtained from the Institute for Divorce Financial Analysts after studying law at Pace University School of Law. Read his full Forbes article here http://www.forbes.com/sites/jefflanders/2011/07/19/six-must-do-financial-steps-for-women-facing-divorce/#fefe2a14acaf.
For proven success, trusted legal counsel and experienced representation during divorce or consultation on your legal options, including updates to your Will and other aspects of your estate, contact our office today.