Divorce Advice For Men - How to Stop Your Ex Wife From Getting All Your Money
Divorce Advice For Men - How to Stop Your Ex Wife From Getting All Your Money
In fact to ensure that one is financially secure it is important to start looking at sorting your finances out before the proceedings actually commence. If you don't then you will be somewhat limited in what you can do with yours as well as protect them. Below we offer some divorce tips for men that could help them to remain financial secure both before, during and after their divorce proceedings.
Tip 1 - Although you may still be living at home for a time it is important that you still arrange to open your own bank account. Then sit down with your partner and go through what you will be expected to pay and when. Also rather than opening an account where you joint one is currently it is far better if you use a different one altogether. This is a way of preventing your partner from having access to your funds as because where you currently bank knows her by sight they may be willing to let her withdraw funds from your account without your consent.
Tip 2 - As soon as you know that you will be getting a divorce at work speak with your HR Department arrange to stop contributing to any pension plans or 401K plans until the divorce is finalised. However, make sure that you make the HR Department aware that you don't wish to withdraw these funds. If you continue to contribute to these plans whilst the divorce is preceding your partner may well be entitled to half of what you have already paid in. Plus it means you will have further funds in your pocket to cover any unexpected expenses you may get.
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