How to save on getting divorced

Disclaimer: Any information provided in this discussion is only general in nature. For advice that relates to you personally, please seek the advice of a qualified and trained professional.

Helen’s book on financial planning for women, On Your Own Two Feet, talks about how to avoid making a financial mistake when going through a divorce. People caught in this costly process can save on legal costs by getting on top of what their assets, liabilities and other financial resources are.

Make sure you get your hands on relevant information, and get advice as soon as possible. This just doesn’t go with financial and legal matters. In this interview both Helen and Shannon agree that people should seek emotional advice as well, knowing that divorce will get emotionally exhausting.

Equipping oneself with the right financial, legal, and emotional backing can help figure out what next steps should be, lessening the risk of making a mistake.

It might sound glib, but the sure-fire way to save on divorce is to avoid it completely. Sitting down with your lawyer and financial planner to draw up an agreement that works for your situation in particular. Divorce is not the only option for people who want to move on, there are collaborative law processes and mediations, among others.

If you’re going through the process of divorce, make the transition as smooth as you can by calling the experts in this field. Get the right advice from an experienced financial planner by contacting Helen Baker today.