Considering divorce: what happens next?

For most, considering divorce is a very difficult decision to make.  If you are thinking about starting the process here are a few things that we suggest you should think about first:

Don’t try and do it alone

Divorce is very complicated and you will need to surround yourself with the best team you can.  Solicitors are very good at the technical side of divorce but there are other professionals who can help you through this emotionally difficult time.  A Financial Planner will be able to help you look at your current financial situation and how you can plan for life after divorce.  At BFP we pride ourselves on our empathetic and friendly approach and will be there to support you throughout.  Whilst you may have friends you can talk to, sometimes talking to a professional provides the emotional support you need.

Educate yourself

There is plenty of material available about divorce and the process.  Make sure you are aware of the stages you will have to work through and who you will need to speak to about it.  You also need to be aware of your own financial situation.  Many people have partners who have always dealt with everything so they are not sure about the property or financial status.  If possible, obtain as much information as you can and copies of any relevant documents.

Make financial decisions with your head, but balance them with your heart

The financial decisions you make during your divorce can affect your life for years to come. To ensure you make the best decisions you need to think logically and rationally – not emotionally. At the same time, you don’t need to make decisions that are completely cold. The best decisions are those that were made with a balance between your head and your heart.

If you would like to talk to us in confidence,  please do not hesitate to get in touch.