Sometimes relationships move from a place of health and happiness to a place that is simply not habitable by the parties involved. Sometimes there is no reconciliation. Sometimes divorce is an inevitability. If you are a woman who believes that a parting of the ways with your husband is certain, or at least possible, you may be interested in the tips recently written by a retirement planning counselor.
First the counselor suggests that you should inform yourself of the workings of the family finances. You should have a hands-on approach toward monitoring accounts and statements. Communicate with your spouse regarding any individual accounts he may have. Also discuss budgetary issues regularly. You can gain a certain level of confidence simply by learning your household’s financial details. This knowledge will better prepare you for handling your finances when you are fending for yourself.
If you do end up going through with a divorce, the counselor advises that you try your best to not let your emotions lead to you acting a in a manner that is ultimately counterproductive. For example, do not get into protracted disputes over material possessions. If your spouse is especially attached to some household item, it is better to let them have it rather than trying to take it as a means of revenge. At the same time, you should be sure to get what you are due.
It can be very important to build a support team to help you look after your interests. Seeking this kind of help can allay feelings of being alone. For emotional support, you can reach out to a good friend or to a professional therapist.
For monetary matters, the counselor says that on your team you will need a CPA of good repute, a trustworthy financial adviser and an attorney. You and your team will have to assess your needs regarding such things as investments and retirement plans.
The end of a marriage can be a very stressful event, but there are things you can do to aid in the transition to your new life. Should you choose to assemble a team to help your interests, you may wish to consider the services of a Texas attorney who has familiarity with the specific issues that are often involved in divorce proceedings.
Source: Statesville Record & Landmark, “COLUMN: Divorce turmoil affects financial future,” Sept. 28, 2014