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5 Steps to Protect Yourself BEFORE You Enter a Divorce

То Protect Yourself BEFORE steps The Divorce 1) GET ORGANIZED Collect and review financial documents such as: Mortgages - Car loan documents Bank account statements Credit card bills - Wills / Trusts - - Investment and retirement account statements 2) CHECK CREDIT REPORTS - Be aware of all accounts open in your name (alone AND jointly). - Monitor your credit report to ensure your spouse is NOT accruing debt on joint accounts or attempting to dissipate marital assets. 3) BUILD SOLO FINANCIAL IDENTITY - Take steps to disentangle yourself financially from a spouse as soon as possible. - Open bank accounts in your name alone and close joint accounts held with a spouse. 4) UPDATE DOCUMENTS - Remember to update your will as well as change your beneficiaries on non-probate assets such as life insurance policies, retirement accounts and trusts. 5) CONSULT EXPERTS - Consult with financial planners and accountants to understand your finances as well as what you should ask for in a divorce settlement. - Seek the guidance of an experienced divorce attorney who can help you achieve a just settlement. IF YOU ARE CONSIDERING DIVORCE, CONSULTWITHAFAMILY LAWATTORNEY WWW.TUBMANLAW.COM Copyright 2015© - The Law Offices of Irwin D. Tubman, LLC

5 Steps to Protect Yourself BEFORE You Enter a Divorce

shared by wld2221122 on Jun 05
Following these 5 financial steps to protect yourself before you file for a divorce will help make any unexpected situations less stressful and minimize the surprises. If you’re going through a div...


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