Divorce is not only a painful experience, but it can be a financially devastating one, as well. From legal fees and alimony payments, to the division of assets and possible tax consequences, the costs can grow even higher.
Financial planning and divorce are an important topic for anyone facing this life stage.
Between separating one household into two, tax implications, legal fees, spousal support, child support and other financial consequences, divorce can be an incredibly expensive event.
The costs of a divorce can last a lifetime if you don’t do some smart financial planning throughout the process. We understand how devastating a divorce can be and our goal at Compass Financial is to help you minimize the long-term costs.