Pre-Nuptial Agreements in an Economic Downturn - Are they Relevant?

Divorce is all about timing – if you have lost your financial footing in marriage what do you do?

1.  Start by documenting your financial marriage history.  Provide a detailed history of the marriage, the writing and signing of the pre-nuptial agreement.

2.  Know your expenses – create an historical, temporary and post divorce budget.

3.  Focus on child support if the income is not sufficient to provide maintenance/alimony to you.

4.  Create a career plan for yourself that includes re-training, education, and a plan to re-enter the work force.  Use a career advisor if possible.

5.  Go to a temporary agency and find out if you are employable.

6.  Keep your separate assets segregated from joint funds.

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