Should any man find that his marriage isn't what it once was and is considering filing for divorce, then he needs to be thinking about his finances.
In fact to ensure that he is financially secure then he needs to make sure that everything is in place before he commences divorce proceedings.
In this article we offer some tips on how to divorce your wife without your finances being ruined.
Tip 1 - Firstly you should arrange for any joint bank or savings accounts you have with your wife to be frozen.
This will help to prevent her from withdrawing funds from the accounts that could be used for covering your daily living expenses.
Explain to your bank clearly the reason for wanting the accounts frozen.
Tip 2 - Should there be any credit cards in both your names that you are both liable for the balances on arrange with the credit card companies to have this cancelled.
Ideally before arranging to get them cancelled ask the company if you can get a card reissued to you in your name only.
This is very important because if you allow your wife to have free use of the joint credit card and the split is not amicable they could use it as a way of getting back at you for going ahead with the divorce.
They will have the opportunity to continue to charge things to the card and you will then be liable to ensure that you pay half of what is owed on them.
Tip 3 - If you are working contact your HR Department and for the present time until the divorce has been finalized arrange to make no further contributions to your 401k or pension plans.
If you are not careful some judges may agree that half of what you have contributed to these plans should be given to your wife.