Seven Must-Do Steps For Women Who Want Financial Stability Post-Divorce

As we have been recently reporting, women tend to end up much worse off than men when it comes to divorce. But for women out there, this can’t be enough, there must be a way to counter this problem.

Financial stability post diovorce is crucial. Without it you can find yourself spirialing dangerously into the red, while dealing with the emotional distress of divorce as well. Needless to say, it cripples lives.

Have no fear, Forbes is on it:

Update accounts. Even though it may sound mundane, this financial housekeeping step is absolutely essential. If you changed your name as a result of the divorce, you’ll need to get a new Social Security Card, driver’s license, passport and credit cards. You’ll also need to notify your bank, utilities, insurance companies, credit card companies, the motor vehicle department, your children’s school(s), etc. about any change of name and/or address. The titles on all assets, such as cars and houses, will have to be modified and recorded with mortgage companies . . . and it’s likely you’ll want to update beneficiaries on your life insurance, 401k, pensions and IRA accounts, as well.

See the checklist below for an overview of many of the accounts and policies typically needing prompt attention post-divorce.

Read the 7 tips here: Forbes

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.