The financial implications of divorce are a cause for concern for anyone involved in the divorce process. Find out how getting divorced could affect your finances both in the short and the long term.
Debt after divorce
It now costs a couple in the region of £28,000 to get divorced. Divorce can place considerable financial burdens on both parties which can often take years to resolve. Contact an IFA in your area to help you with your Divorce Finances
The issue of what happens to a pension that may have been built up over many years can prove problematic after a divorce and the issue of maintenance may also need to be addressed.