Financial Implications of Divorce

Regrettably, between 40% - 50% of U.S. marriages end in divorce.*  In addition to the emotional trauma of the divorce process, the proposed equitable division of shared assets often represents another major source of stress.

This division of assets is not often as straight forward as it may seem.  In fact, “equal” is not always “equitable.”  There are many factors that affect how the household split will impact each individual, both long and short term.  In addition, the emotion and confusion of an adversarial process too often cloud the real issues, making an equitable split challenging to perceive and achieve.

Many times fear of the road ahead is what fuels the “messiness” of the divorce process.  The objective input from an experienced Financial Advisor can help alleviate this fear and present a clear financial roadmap for the future.   In fact, nearly everyone going through a divorce can benefit from financial planning services.

If you are concerned how a contemplated divorce may affect your financial and retirement plans, now is the perfect time to contact us.

 

*American Psychological Association (http://www.apa.org/topics/divorce/)

Financial Planning, Investment Advisory, and Wealth Management Services offered through Willamette Financial Advisors, LLC, an independent Registered Investment Advisor with the United States Securities and Exchange Commission (SEC).  This registration does not constitute an endorsement of Willamette Financial Advisors by the SEC, nor does it indicate that the Advisor has attained a particular skill or ability. • 5335 SW Meadows Road, Suite 240, Lake Oswego, OR 97035 • (503) 747-0306.

 

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