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Tuesday, 18 December 2012 07:21

Divorce Preparation Series Conclusion

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As mentioned in the most recent post, we have reached the end of the series on steps to take when you are facing a divorce. Although there are other things to say on the subject, if you consider these steps and discuss them with your lawyer, it should ease the difficulty of the process.

I set out here the list of steps to consider in its entirety for easy reference:

1. Find a wise guide

2. Make an accounting of the family finances

2A. Determine what you own
2B. Determine what you owe
2C. Determine income (yours and your spouse’s)

3. Make photocopies of the financial records

4. Prepare a budget

5. Document and safeguard personal property

6. Establish your own credit

7. Assess the financial accounts

8. Address the credit accounts

9. Avoid additional debt or major purchases

10. Stay put

11. Keep a diary

12. Consider a private investigator

13. Be good