Financial knowledge is crucial in a divorce

Do you leave the finances to your spouse? Doing so can put you at a significant disadvantage in a divorce. Yet, it is never too late to inform yourself.

Divorce has a powerful impact on a person’s finances

Being informed is crucial. After a divorce, it is likely that your household income will drop. Going though a divorce puts you in a vulnerable financial position. There is little point in making it worse through a lack of financial awareness.

You have the right to request financial information from your spouse

When preparing for divorce, you need the full financial picture. Without it, you cannot hope to achieve a fair result when you divide assets. If your spouse refuses to give you the information, you can ask the court to order them to share it.