"The end of a long-term relationship or marriage can be hard enough as it is, without also having to worry about money"
"Walking away from a relationship is rarely straightforward. But for those in marriages and long-term relationships, there is much more to consider than just taking a bag of stuff and waving goodbye."
"But there are ways to prepare if you feel the end may be in sight. We asked experts for their advice on how to financially disentangle from a partner."
The end of a long-term relationship or marriage can create significant emotional and financial strain, with money concerns compounding the difficulty of leaving. Walking away rarely resolves all practical issues, as legal, financial and logistical ties often remain. Individuals should proactively assess joint accounts, shared debts, assets, housing arrangements and entitlements before separation occurs. Creating a realistic budget, documenting finances, and establishing independent accounts can reduce immediate vulnerability. Seeking professional advice, such as from financial advisers, lawyers or mediators, can clarify rights and responsibilities and guide an orderly, fair disentanglement of finances.
Read at Independent
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