Specifically, "learn all of the online passwords to bank accounts, which accounts had automatic payments and where money is invested, including the names of all accounts, the account numbers and the investment advisors," says Newman.
Ask your attorney when and how it's best to gather this info first, though.4. Your financial well-being should be your top priority, says divorce financial expert and mediator Rosemary Frank.
"Anything written online about an ex-spouse will exist forever—when the children are old enough to read," cautions Newman.7.
Rest assured, these 10 lessons can get you through the end of your marriage, both financially and emotionally.1.
It may take a long time to recover—and that's okay.
Try to have money available—like $5,000—within days. "It not only 'showed him;' it also showed the wife—and their children—what life is like on a lower salary," she says.
Simplybadmouthing your ex is likely to hurt your kids more than your husband, even if you don't think they hear or read what you say.
"Children feel a sense of responsibility for the breakup no matter how much the parents state it wasn't about them," says marriage and family therapist Lesli M. Watch out for little ones regressing in their behavior—acting younger, wanting to sleep in bed with you—or showing anger toward siblings and peers.
Adolescents tend to act out by drinking, skipping school or disobeying curfews.
"Raw emotions will heal and legalities will be completed, but the financial impact of poor decisions, or default decisions due to lack of understanding, will last a lifetime," she warns.
Step one: Thoroughly understand your current cost of living 5. Even with carefully planning out your future expenses, something surprising may pop up.
"Divorce used to be something people didn't do, and many considered divorced women to be 'loose' and 'scandalous,'" says two-time divorcee Jennifer Little, Ph D, founder of Parents Teach Kids.
Some of those stigmas still exist, she says, so remember that divorce doesn't define you.
So make sure you stay busy during that difficult time of year.9.