You never intended to get divorced, but now you have to deal with the emotional and financial fallout of this life-changing event. How do you expect your life to change financially after you get divorced? Do one or more of these sound familiar to you? What's going on in your life? - You may have to find a new place to live.
- You're trying to figure out 'what is his' and 'what is hers'.
- Your budget has changed dramatically and expenses seem to have doubled.
- You may have maintenance obligations.
- You may be faced with a divorce settlement.
- You may need to get a new job or reenter the job market.
- Your financial affairs seem to be in disarray.
Your financial needs - You may want to purchase a new home.
- You may need to get new furniture.
- You may need to pay maintenance.
Other financial considerations - Consider reassessing your financial plan.
- Consider whether your life insurance portfolio needs adjustment.
- Consider whether you need to supplement your employer's pension plan.
- Consider reviewing your will, beneficiaries and estate plan.
- Consider the cost of abiding by your divorce order.
If you feel that you are ready to take that important next step and reassess your personal financial plan, leave your details here so that a Nedbank financial planner can call you back to help you make it happen.
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