This post is designed for anyone who recently find themselves dealing with the financial impact of separation or divorce, or those wanting to take steps to prepare should the worse happen.
Are you prepared to deal with a financial shock? 💥😱
These are traumatic life changing events that can shake your whole world and lifestyle right to the core. It may have a seismic impact on your standard of living and can lead to a chain of further financial after shocks if you are not prepared.
Today we tackle ‘Divorce’ we want to ensure a really difficult emotional time doesn't turn into a very difficult financial time when having to cope with your household finances on your own.
This can leave you in a financially vulnerable position.
The cost of living crisis, and other stressful life events can put couples and their relationship under pressure. Relationship breakdown or even divorce can be a consequence of these arguments.
Nobody wins financially from a divorce and it is always better to go to mediation rather than get solicitors involved and this is a very costly route. So if you suddenly find yourself in a desperate situation, we wanted to give your practical tips and first steps to get you back on your feet and moving forward at a time, when you will find it difficult to see a way through.
How would you fare if this was you? You need to plan to ensure you can pivot quickly in the event of finding yourself coping with divorce.
Subscribe, follow, like or share ✅on our socials if you want to get more tips.
<<< To use the guide effectively download a pdf copy.
THIS ARTICLE DOES NOT CONSTITUTE TAX OR LEGAL ADVICE AND SHOULD NOT BE RELIED UPON AS SUCH. TAX TREATMENT DEPENDS ON THE INDIVIDUAL CIRCUMSTANCES OF EACH CLIENT AND MAY BE SUBJECT TO CHANGE IN THE FUTURE. FOR INDIVIDUAL HELP, SEEK PROFESSIONAL ADVICE.