Finances - getting the best life after divorce

Divorce pretty much takes up all your time, energy and emotional capital (whatever that might be?).  So probably the last thing you will be thinking about right now is your will.  You should because it's very important.

Whether you or your partner took care of your finances or both of you in equal measure.  It's a good time to take stock.  A key factor in this is your credit rating. We explain what it is, and how you can check and improve it.

Back in the days before Gordon Brown aspired to greatness, a divorcing couple usually had some assets to share after their divorce.  Now it's more likely to be a fight to the death about the ownership of debt.

When you go to a lawyer or accountant for advice about your divorce you will get a bill based on the length of time they spend with you.  Advice from an Independent Financial Adviser (IFA) can be paid for in two different ways, 

The current world recession is likely to be even worse for divorced people than for the rest of the population.  Most divorcees find themselves in a challenging (that is to say, at times, bloody difficult) position.

You're near the end of the divorce process.  The protracted and stressful negotiations or the amicable discussions have been concluded and a financial settlement agreed with your nearly ex-spouse.  Hopefully it is all fair and reasonable for both of you.