Divorce Financial Planning
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Divorce Financial Planning

When you first met your wife you were convinced, she was the one woman you wanted to spend the rest of your life with and divorce financial planning was the farthest thing from your mind.

So, the two of you got married. But somewhere down the line, the two of you began to like each other less and less. Soon, you couldn't even be in the same room as each other without fighting, throwing insults, etc.

Now you decide a divorce is the best option. For a man, this can be a scary time. Especially if you have money and assets that you're afraid you might lose.

The following are a set of tips on what you can do regarding the financial planning in a divorce.

Get a Lawyer

The first thing you're going to want to do is talk to a good divorce lawyer. Tell your lawyer your concerns about your financial future.

Tell him or her that you don't want to be 'taken to the cleaners' or whatever that divorce cliché happens to be.

It's a common conception that every man who gets divorced loses half or more of his belongings. Don't let this happen to you.

Hopefully, your lawyer will sit down with you and go through every cent you have tied up, as well as each item you own, so that you can hopefully save as much as possible as the divorce proceedings continue.

Talk to Your Spouse

You and your spouse can't agree on what restaurant to go to, or where to send your kids for school, or even what to spend last year's tax return on;

Lord knows the two of you aren't going to agree on an amicable solution to splitting finances and other belongings.

But it's worth a shot. A home means paying taxes and other expenses that one of you may not be able to handle alone.

Cars, too, come with their own expenses. Your wife may want to take money and belongings from you out of spite, but by talking it out you may be able to come up with a compromise that won't leave you penniless.

A divorce is a nasty process that often leaves both parties feeling drained as well as taken advantage of.

Money and belongings are often split down the middle or one may get more than the other; it all depends on the judge, the lawyers the two of you have chosen, as well as the amount of money and the number of assets at stake.

You don't have to lose everything, but you have to be proactive if you hope to keep as much as possible. Don't just trust fate.

Get a good lawyer, try to talk things over with your wife and, if that doesn't work, get as many of your assets in your name as possible and tie up your money as much as possible so that she can't get any of it.

It may sound like dirty pool, but this is a war we're talking about and there's never an easy, or nice, way to go about divorce financial planning.

Click here: No BS Divorce Strategies for Men for other Financial planning stratgeies of Divorce. There is absolutely no reason why you too can't win your divorce without losing your shirt or your kids!


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