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Being proactive may help with financial aspect of divorce

Going through a marital dissolution in Pennsylvania can unfortunately wreak havoc on a person's finances. However, making expedient monetary decisions during the divorce process can help to mitigate the negative financial impacts of divorce. Here are a couple of tips for protecting one's financial interests following divorce.

Divorce can have both emotional and financial impacts

Going through a marital dissolution poses both monetary and emotional challenges in Pennsylvania. Unfortunately, sometimes, facing divorce and the challenges that come with it is inevitable. Fortunately, though, some tips may help divorcing spouses to tackle these challenges early on in the process.

Investment accounts require attention during divorce

Financial squabbles between married individuals sometimes lead to marital breakups. Unfortunately, divorce can bring on a whole new slew of financial issues. Still, if people who are getting divorced understand how to handle their finances, including any investment accounts they have, they can feel empowered during the divorce process. Here are some tips for tackling investment accounts during divorce in Pennsylvania.  

Factors to consider prior to getting a divorce

Many couples in Pennsylvania have a hard time figuring out when to move forward with marital dissolution if they cannot reconcile their differences. Should they jump into divorce right away, or should they hold off on it and wait to see if things improve? Here's a rundown on important factors to consider prior to moving forward with divorce.

Pennsylvania splits assets equitably during divorce

When dissolving your marriage, you may understandably be worried about how the process will impact you financially. This is true whether you have a large number of assets to split or have just a few assets. Here is a look at how the state of Pennsylvania treats assets during the property division process in a divorce proceeding.

Social media platforms impact marriage, divorce

Social media platforms are becoming increasingly important parts of people's lives, including their marriages. Researchers recently said that these platforms are, in fact, causing divorce in many situations. In addition, they are making the divorce process trickier. Let's take a peek at how social media is affecting marriage and divorce in Pennsylvania and elsewhere.

Goal of saving money may lead some couples to divorce

Marital dissolution can easily occur in Pennsylvania if two spouses have differences that they simply cannot reconcile. As an example, in many situations, two spouses may not agree on each other's spending habits. However, the mutual desire to generate cost savings may actually motivate two individuals to get a divorce in other situations.

Divorce tips may help to make this process simpler

The marital breakup process in Pennsylvania can certainly be tough financially, but it can be especially challenging emotionally. This is particularly the case for the parents of young children who are going through divorce. Fortunately, some tips might help with making this life-altering process more palatable.

Financial assessment important when going through divorce

Getting divorced is never an easy experience from an emotional standpoint. However, it can also be challenging from a financial standpoint, and this is true whether a couple has few assets or many high-value assets. Here are a couple of important moves to make to protect oneself financially when going through  divorce in Pennsylvania.

Getting a new financial advisor a wise move following divorce

Getting divorced makes it possible for two married individuals in Pennsylvania to finally break free from each other and move on with their lives. However, research shows that many women still decide to stick with the same financial advisor that the other party used prior to the divorce. In reality, it may be beneficial to start fresh with one's own financial advisor.

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