The Top Estate Planning Mistakes Divorcing Women Make
Post written by Stacy Francis – Stacy Francis, CFP®, CDFA®, CES™, is CEO of Francis Financial, Founder of Savvy Ladies™ and empowers women to achieve financial independence
Divorce is never an easy time. It can be a huge adjustment period for most people, but women, in particular, often find that they are affected most by the financial aspects of divorce. According to a report from UBS Global Wealth Management, 56% of married women leave control of major financial planning and investing decisions to their spouses. It’s no surprise, then, that many women find themselves financially overwhelmed when divorcing.
Although you may be dealing with a lot of emotion at the beginning of a divorce, it’s important to stay focused on certain issues, such as your inevitably changing financial situation, especially if you have children.
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