Suddenly Single: Navigating Your Way Through Divorce
Going from part of a couple to being on your own comes with significant emotional and financial challenges. With Savant by your side, you’ll have an advisor to listen as you discuss your situation, concerns, and vision for the future. Our goal is to help walk along the path with you through the financial triage to help you pick up the pieces and create a foundation for your new life.
Take Control of Your Wealth
Whether you’re contemplating divorce or working through the process, chances are your financial situation is transitioning. We hope the resources below will help.
Get Prepared with Our Pre-Divorce Checklist
The end of a marriage often means big financial adjustments for both spouses. Take steps to collect and organize your information early in the divorce process to financially prepare and help maintain some control during this significant transition.
Savant Can Take Care of the Details While You Take Care of Yourself
As you go through the divorce process, you’ll need to make important financial decisions while you are feeling emotional stress. Our team of professionals can help prepare you for issues like attorney fees, Social Security decisions, and revising your estate plan and beneficiaries. Our goal is to help you feel more secure about having sufficient income to support your lifestyle.
In a potentially high-stakes situation like divorce, sometimes it helps to work with a professional who has specialized knowledge of the divorce process. A Certified Divorce Financial Analyst®, or CDFA®, is a professional who helps individuals navigate the financial complexities of divorce.
Few things turn a retirement plan upside down more than a divorce. You may be worried you will have to abandon your retirement plan if your 401K is divided in a divorce, and you very well may be right.
Overall, the rate of divorces in America is falling, but it's increasing among couples age 50 and over. The divorce process has many moving parts, and you’ll want to consider working with a team of professionals.
Divorce can be an emotionally challenging process, but the work doesn't end with the final settlement. It's essential to take steps to secure your financial future. By taking ownership of your finances, you can empower yourself and look forward to brighter times ahead.