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Divorce, Separation & Your Money

An excellent new resource offering impartial information for people going through a divorce or separation is now available.

Reaching a financial settlement is one of the key elements of the divorce & separation process, and for many couples, the financial aspects can often pose the greatest challenges, as money has the capability to be such an emotive subject, sometimes even more so than children.

This Divorce MoneyMadeClear information and education resource is brought to you by the Consumer Financial Education Body (CFEB) which was established by The Financial Services Authority (FSA).

The pain and anxiety of a divorce is tough and is one of life’s most unpleasant and stressful experiences. It is life changing, with the financial decisions made impacting upon both parties long after the divorce has been finalised.

This free resource offers you a great starting point and offers a significant amount of information across all aspects of sorting out your finances.

Financial Planning should always start with a proper understanding of your goals and objectives.  Yet, during a divorce or separation this might be unclear, at least for a while. Splitting what you have and understanding how solicitors and courts will deal with the different assets you each have is a key fundamental.

Making use of this CFEB information site prior to working with your Financial Planner or employing the services of a family lawyer can help you to become informed and have a greater understanding about your finances – allowing you and the professionals you work with to shape your thoughts and ideas to structure an appropriate settlement and solution.

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