Protecting Your Family's Future
 

Moving Forward after a Divorce

Moving Forward after a DivorceIn the aftermath of a divorce, you can be ready for a new life and a new direction. Here are some recommendations to help you put the past behind you and get on with your life.

Open New Financial Accounts

You should actually do this as soon as you know you are going to be a party to a divorce proceeding. Once you start putting your money into your own separate account, your ex won’t have access to it. You should also close any joint accounts you had during your marriage.

Close All Credit Card Accounts

Terminate any joint credit cards immediately and consider whether you want to open new accounts. Your finances may be unstable for a little while, so you may want to operate primarily on a cash basis until you have a greater sense of security and stability. In addition, divorce can be an emotional time—if you are prone to spending money in response to emotional trauma, you might be better served not opening a new credit card.

Change Your Beneficiaries

If your ex is named as a beneficiary on any type of insurance policy, IRA, retirement plan or in a will, contact the provider and change the beneficiary immediately. With respect to insurance, you may want to obtain a life insurance policy on your ex (owned by your ex) to cover alimony or child support in the event of his or her premature death. In addition, if you have a will or trust, you want to meet with a lawyer to change the provisions.

Notify any Government Agencies

The IRS and the Social Security Administration should be notified of your divorce.

Contact Us

At the office of Linda Stewart Law, PLLC, in Baytown, we bring more than 8 years of experience to clients in south Texas.

To learn how we can help, call our office at 281-761-6042 or contact us online . We offer an initial consultation at a reduced fee of $50. We accept credit cards and will set up a payment plan, if appropriate. Our offices are open Monday through Thursday, from 9 a.m. until 5 p.m., and until noon on Fridays. Evening and weekend appointments can be arranged upon request.

Se Habla Espanol | ASL and ESL Services Also Available

Speak Your Mind

*

 
Left Menu Icon
Stewart Law PLLC