Divorced or Divorcing Navigating a divorce could be the single largest financial transaction of your life. Yet it comes at a time when emotions run high and are often overwhelming. There is no doubt that divorce is one of the most difficult transitions a woman could face. Although you may be imagining only the worst outcomes, it does not have to be that way.We have guided many women through both the financial and emotional journey of divorce. Here are some of the things we can do to help:Pre-Divorce or Divorce In-ProcessInventory AssetsOrganize budget & prepare Financial Statement for CourtOutline settlement options and review various scenariosUnderstand long term implications of decisions made nowPost-Divorce Transition Planning and AssistanceGet your Financial House in OrderMake Goals & Identify ObstaclesEvaluate Housing OptionsPlan how to handle your settlementHands-on support for QDROs, IRA transfers, Stock Option and Pension settlementReview your budget, income and tax issuesDevelop Education plans for your childrenImplement prudent investment optionsPerform Insurance Assessment: Health, Life, Property/Casualty, LTC and disabilityEstablishing New Estate & Legacy PlansWe know that women are disproportionately affected by divorce. Often the female partner is what we call the “non-moneyed” spouse. On average a woman sees her standard of living decline by 45% after the split, while the average man sees it go down by only 22%. Many women have given up careers to raise a family only to have that come back to “bite” them when they get divorced later in lifeThe number of couples divorcing as they approach retirement has grown rapidly and is known as “Gray divorce". Divorce and Retirement is a challenging combination; often more so for the female partner.Let us help you do better! Call or email to discuss your situation.