Divorce is an emotionally disruptive time in life and finding yourself in this position can be an incredibly challenging period to navigate. Working through the emotional and personal side of this life event is already hard enough, but add in the financial changes that come along with it and it can become overwhelming in a hurry.

Today we’re going to help ease some of the stress around this emotional period by laying out a list of five things you need to do if you find yourself suddenly single. Many people aren’t prepared for the drastic change in lifestyle and the possibility of economic hardship - at least temporarily - that happens during a divorce, but taking the correct steps can help ease the transition.

Here’s some of what we discuss in this episode:

• Understanding how expenses might change and how housing plays into that.
• Know what all assets you have to split.
• Why a 50/50 split isn’t necessarily an even split.
• It’s crucial to consider having a divorce team on your side beyond just a lawyer.
• Update all of your estate plans and beneficiary designations.

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