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Wednesday, May 26, 2010

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.


Posted by Kathleen Miller
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Fair Share Divorce is a recommended reading resource by leading women's and divorce resources including:

The Equality in Marriage Institute
National Organization for Women
Institute of Consumer Financial Education
iVillage, Divorce Central
DivorceSource.com