Avoidable divorce mistakes include not hiring a lawyer, listening to unqualified advice, involving your children, acting out of anger, ignoring mediation, hiding information, mismanaging finances, neglecting paperwork, poor communication, failing to update documents, and making rash decisions.
The top 6 financial planning steps to take before divorce include gathering all your vital financial documents, calculating income and expenditure, creating a budget plan, closing joint accounts, updating your will and insurance, and enlisting the aid of a financial advisor.
A financial planner is an often overlooked but immensely beneficial ally during divorce. They can aid you and your divorce attorney through the process of getting the best possible outcome in your divorce settlement.