Life changes like marriage, divorce and widowhood are considered among the most stressful to endure. That pressure is intensified when one’s finances are out of line with the new state of being. But who has the presence of mind to deal with their finances when emotions are in turmoil? That is where proper planning and guidance come positively into play. A financial plan that considers the right financial advisor will help navigate those turbulent periods. Our focus in this episode of The Advisor is on the financial aftermath of divorce and how to plan and mitigate it.
Fragasso Financial Advisors does not furnish legal advice. Consult with a divorce or family law attorney regarding your specific circumstances.