Navigating a Solo Financial Future: A Few Tips for the Newly Divorced     

By Brenda Larkin 

Divorce is a stressful situation, and the financial changes can be overwhelming. Take a deep breath and remember there are solutions and strategies to make sound decisions about your money.

• This is YOUR financial journey. Time to take charge of your journey.
• Talk with a financial professional to discuss your fears, goals, concerns. Your financial professional can guide you with an adjustable plan that works for you.
• Learn and ask questions, be comfortable with making decisions and take your time.
• Update your insurance policies, calculate your expenses, change account registrations on bank accounts, brokerage accounts, credit cards.
• Work with an estate planning attorney to update your will and estate documents. And update beneficiaries on your accounts.
• Work with a tax professional regarding filing your taxes.
• Remember this journey is a process, not an event.

If you have questions, reach out to any member of CCDG!