The only sensible conclusion is that these women did not truly understand what they had agreed to in accepting the divorce settlement. One unfortunate truth of divorce settlements is that, once signed, they are difficult to change. As divorce financial planners, we develop a variety of possible financial settlements in order to help our clients find one that meets their needs. If you are unable to reach a settlement amicably, your attorney may want an expert witness to testify in court about financial issues. One or both spouses owns all or part of a business.
Some people believe that financial planning is only for the wealthy.
We have found that middle income households often benefit most from financial planning for the very simple reason that they have less room for error. Inflation has changed the amounts and we use dollars instead of pounds, but the principle remains true. Be sure to look at our discussion of 13 Mistakes Not to Make , to help you recognize some of the pitfalls of a poor divorce settlement, and to teach you what to look out for in your divorce financial planning. Multi-Financial Securities Corp 110 N. Washington Street Suite 402 Rockville, MD 20850 . The contents of this page are for informational purposes only and are not a solicitation to either buy or sell or transact business in your home state .