The input of both an attorney and a financial adviser can help to ensure that you receive a fair divorce settlement: Shafeeka Anthony, Justmoney
January is traditionally known as the time for new beginnings and starting afresh. It has also become known as “divorce month” as many couples decide to go their separate ways around the beginning of the year. Some of the reasons for taking this emotionally and financially fraught step include: Some divorces are relatively amicable, but even a “friendly” divorce entails a major life change with huge emotional fallout.
Building your financial identity: Start the transition from joint finances and shared accounts to establishing your own financial identity. This entails opening accounts in your own name, and in due course, building up a good credit score. This will help you to obtain better interest rates on loans, should you want to buy a property or a car, for example.
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