As you go through the divorce process, one of the toughest decisions you may face is figuring out what to do about you and your spouse’s home.
Frequently women, particularly dependent mothers, are those hit hardest by a divorce. Since 1988 the Women’s Institute for Financial Education (WIFE) has offered their Second Saturday divorce planning workshops to help women navigate the divorce process. Their motto, “A man is not a financial plan.”
You should begin by surrounding yourself with the professionals who can guide you through the divorce process. Most divorce lawyers and CDFAs® will offer a reduced or flat rate for an initial consultation to better understand your situation and begin to recommend the next steps.
Perhaps the first cause of children’s emotional reactions to divorce is that they are ill-prepared for the news that their parents are separating. Many children get no warning that their family is falling apart…and sadly, many children believe divorce is their fault.