What financial steps can I take prior to divorce to simplify my situation later?

Begin by opening accounts under your own name to begin setting the foundations to your post-divorce life and making finances easier during the proceedings.

By Rock A. Tate
July 09, 2012
FL FAQs/Divorce Process

You may want to:

  • Open accounts in your own name including your own credit card, checking and savings accounts. Also, have your paycheck deposited directly into your checking account.

  • Contact creditors to explain your situation and, if appropriate, to ask to stop any future charges by your spouse.

  • Check your credit report by using an Internet site like Annualcreditreport.com, a federal government site that is free.

  • Open an interim account to manage interim family expenses during the period between separation and divorce.


Rock A. Tate is a Financial Advisor, CERTIFIED FINANCIAL PLANNER™ at The Tate Group at Morgan Stanley Smith Barney.

Back To Top

July 09, 2012
Categories:  FAQs

Add A Comment


Allowed HTML: <b>, <i>, <u>, <a>



Divorce Lawyers

Certified Divorce Financial Analyst

Find all CDFAs

Divorce Mediators

Find Divorce Mediators

Business Valuators / CPAs

Find Business Valuators / CPAs

Collaborative Practice

Find Collaborative Practitioners

Reason for your Divorce

Why did your relationship end? If there's more than one reason, choose the strongest factor.

Money Problems/Arguments
Physical/Emotional Infidelity
Physical/Mental Illness
Physical/Emotional Abuse
Alcoholism/Addiction Issues
Basic Incompatibility

Copyright © 2017 Divorce Magazine, Divorce Marketing Group & Segue Esprit Inc. All rights reserved. Reproduction in whole or in part without prior written permission is prohibited.