top of page

7 Ways to Help Minimize the Financial Impact of Divorce

  • Writer: Alan Jacobs
    Alan Jacobs
  • Apr 16, 2024
  • 1 min read

When the journey of marriage ends, and the divorce process begins, your finances will change. Here are some considerations to help lessen the impact.


Divorce is an unfortunate reality for many of us, which can take an emotional and financial toll, especially when lawyers and court dates become the way forward. If you can work together upfront to understand what each partner is asking for and identify any gaps that may exist, the easier — and less costly — the resolution may be.

This excellent blog posting offers some things to think about as you begin your divorce process:


1. Prioritize logic and facts over emotions

2. Reframe

  • It’s not a competition

  • Focus on resolution

  • Keep the peace

3. Work with your spouse

4. Prioritize, then compromise

5. Take the pen where possible

6. Mediation over litigation

7. Tax implications

 
 
 

Recent Posts

See All
Gray Divorce

How to avoid triggering a costly tax bill, tips on dividing financial assets, filing for Social Security, and whether to sell or keep the...

 
 
 

Comments


52 Haynes Avenue, Falmouth, MA 02540      508-566-4159

 

© by Alan Jacobs  Photography © Paul W. Bailey

bottom of page