One fundamental principle that we try to address in this blog is the need to keep one's emotions from making the decisions in marriage dissolution matters. You are usually going to fare better if you can separate the divorce from the emotions, and make your decisions based on solid financial considerations. According to one financial advisor at a prominent firm, there are a few family law considerations that are particularly important to keep in mind.
It's recommended that you pay attention to credit during and after divorce. Change the name to yours alone on any cards that you are keeping, and inform the company of this change. Advise creditors not to honor any further charges by the ex or soon-to-be ex-spouse. The safest practice is to close out all joint accounts and open new ones in your own name. All adverse credit actions against the spouse will go against you until you get him or her off of your accounts. Each situation is different so you should consult with you attorney if you have any questions.










