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DIVORCE ASSETS : Free Tips On Preparing To Separate

Take an inventory of your personal and joint assets and liabilities (don’t assume that you will have another opportunity to do so once you are out of the home)

Get a handle on your personal and joint finances (get a list of bank accounts, credit cards, stocks, investments. Arrange to take your name off your spouse’s credit cards.

Develop a realistic budget to carry you during the next few months

Arrange for a preliminary consult with an attorney

Realistically assess the level of acrimony in your divorce - this step is critical because if you under-estimate things, it could cost you thousands as well as your relationship with your children

Consider your future living arrangements - unless you are the one planning to move out of the family home, consider having Plan A & Plan B - don’t assume that your spouse will necessarily agree to your wanting to remain in the home

Only after you have done the above, should you consider telling your spouse that you want to end your marriage.etc.)

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