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For many people, divorce is followed by a period of mourning what has been and what might have been. For this reason, its emotional impact can be likened to that of the death of a loved one. Unfortunately, people who get divorced generally don’t get nearly as much...
Prior to marriage, both you and your partner had your own bank accounts. Once you officially got married, though, you combined all of your funds into one joint bank account. This made it easier to do things like paying the mortgage or handling family finances....
Divorce can significantly impact your finances, so understanding the financial implications is crucial. Start by assessing your current financial situation. List all assets, liabilities, income sources and expenses. Having an idea of your financial situation will...
