Financial Planning for Divorcing Spouses

The Daily Breeze recently published an article on the finanical planning that divorcing spouses should consider.  The article suggests that in addition to having good divorce attorneys involved, that divorcing spouses should also consider involving a “divorce savvy” finanical planner.  One of the soundest pieces of advice that the artilce suggests is also something I always tell my divorce clients: get a copy of there credit report.  You can usually get a free copy once a year from a service like www.freecreditreport.com.

The author also recommends removing your ex’s name from all joint bank accounts and considering whether you should refinance any joint debt that cannot easily be divided between the two of you.

Here is a link to the full article.

This post from the AlabamaFamilyLawBlog.com where you can find information about Alabama divorce and family law.

Financial Planning for Divorcing Spouses

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