Divorce is a major financial milestone in your life. You should plan for this both during and after divorce. This involves knowing what assets and what income are available, knowing how easily you can get at them and knowing their true value.
The Asset and Liability Checklist and Monthly Expense Worksheet help you to understand your financial circumstances. It may or may not surprise you to know that many people are unaware of their own financial worth and filling out a worksheets such as the above, helps people to acquire the facts and have a greater appreciation of their circumstances.
Once this understanding is accomplished, it tends to give people a greater sense of power. Not knowing your financial circumstances can be extraordinarily stressful.
Once you have gone
through the Asset and Liability Checklist and have listed the assets and
liabilities and monthly expenses, you can then start to appreciate what
it is that you will need after the final divorce in order to have a reasonable
I know it may seem
like a maze right now, however, that is why you hire this professional
help to assist you with a workable financial arrangement.