Whether you're legally separating or filing for divorce, it's extremely important that you don't allow your emotions to get the best of you -- it's important that you keep a level head and make certain your financial affairs are in order.
The following are a list of some of the more important considerations you may want to think about, should you find yourself in the breakup of a relationship:
Before you marry again, consult with estate-planning and bankruptcy attorneys, an accountant, and of course, your favorite therapist (and your best friend!). Each of these professionals can help you plan wisely in the event of another breakup. Something else to consider next time around: A prenuptial agreement!
Stacy D. Phillips is a co-founder of Phillips Lerner, A Law Corporation, which specializes in high-profile family law matters. She is co-chair of the Women's Political Committee and a member of Divorce Magazine's North American Advisory Board. She can be reached at (310) 277-7117. View her firm's Divorce Magazine profile here.
Certified Divorce Financial Analyst
Business Valuators / CPAs