What To Do Before Getting Divorced (Part 1) I’m thinking of getting a divorce
Updated: Dec 21, 2018
First of all, as someone who has experienced divorce myself, let me extend my heartfelt condolences to you. Going through a separation is TOUGH. It doesn’t matter what the reason for the relationship breakdown is, it happens and it’s tough. While separation and divorce is definitely not uncommon your situation is still unique and you may feel that no-one understands. But you know what? There are people here to help you through it, so find them and keep them close.
First step, speak with a family and divorce lawyer. Second step, speak with a financial adviser. Depending on your circumstances you may feel more comfortable working with a female financial adviser.
In addition to the legal side of divorce, there are some simple things you can do that may really help. Consider your bank accounts and try to have an account in your name only with enough cash to get you through the short term. You may need to pay a removalist and rental bond so that you have somewhere to stay. You may also find that you have less income but similar expenses until things settle down, so you might need to access to cash to fill any shortfall.
Have a think about any joint credit cards, loans or utility bills - you probably don’t want to risk having debts run up by your ex that you need to pay for later on. And is your ex likely to know any of your PIN codes or passwords? Consider changing them all just in case. Separation and divorce can be done amicably and without too much fuss, but it doesn’t hurt to be careful.
And what about you? You could be feeling anything from relief to anger to shame to deep, deep sadness. And as common as it is, you may still feel judged by what you are going through (though of course you shouldn’t!). Surround yourself with those that care for you most and the professionals that are there to support you and get you through this. The separation and divorce process may seem like a long and dark tunnel, but there is light at the end – stay strong.
Alison Kaigan - Your female financial adviser & divorce partner