Planning Through Divorce
Although divorce can create unexpected and uncomfortable financial complexities, a trusted advisor can ease the burden of these life transitions. Your advisors will help design your unique wealth strategy by discussing relevant wealth planning elements such as transitions, income generation, cash flow & budgeting, asset structure & location and debt optimization.
What You May Be Thinking
- How willI handle current debts and those incurred while separated?
- Will divorce affect my standard of living and long-term goals?
- What impact will my decisions today haveon my financial future?
- Who can help me make decisions about the divorce settlement objectively, not emotionally?
- How can I control or minimize the cost and impact of divorce?
- How willI handle current debts and those incurred while separated?
How Your Team Helps
Our priority is supporting you through times of transition by helping you:
- Understand the process and set expectations, as wellas serve asa sounding board for financial questions.
- Coordinate plans and ideas with your professional advisors.
- Organize and update documents and key information.
- Assess settlement proposals and evaluate the future financial implications.
- Consider the financial impact of divorce, including the value of your assets, taxes and insurance.
- Adapt your investment plan as your ability, willingness and need to take risk may evolve.
- Reassess your goals, both short and long term, andidentify your priorities throughout this transitional phase.
- Create a plan after the divorce that focuses on the future.