Articles Tagged with post-divorce budgets

A man and a woman's hand pulling a dollar bill representing the financial conflicts that can prolong divorce proceedings.Some of the biggest hurdles facing a divorcing couple, other than child custody issues, involve money matters. These fights can prove costly, both financially and emotionally. Long, drawn-out arguments over the distribution of assets or the terms of support obligations can extend proceedings and increase the overall cost of your divorce. Therefore, it can be in the best interests of both parties to resolve these issues as expeditiously as possible.

One way to de-escalate financial conflicts is to maintain open communications with your soon-to-be ex, if possible – be honest about your financial situation and expectations. If circumstances surrounding your divorce don’t allow for this open communication, there are other strategies you can explore to help keep your financial conflicts to a minimum. To learn more, read “7 Ways to Reduce Money Conflicts in Divorce.”

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