The judge has signed off and you are officially divorced. Whether the process was quick or drawn out, contentious or amenable, exhausting or empowering, it was almost certainly emotional and you can now release that pent-up sigh of relief. But hold on a minute, because you haven’t reached the finish line quite yet. While the experience varies from couple to couple and individual to individual, there are probably still important action items on your list. Of course, every situation is unique, but, in this excellent blog posting, Katie Marsden offers the following common financial items to think about after your divorce is finalized.
Dividing/Transferring Assets
New Accounts
Review Your Cashflow and Budget
Rename Beneficiaries
Revisit Insurance Coverage
Take a Fresh Look at Your Tax Situation
Update Your Estate Plan
Redesign Your Future
Review with Your Team