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Contemplating a Divorce: What Should You Do to Protect Yourself Financially?

john653 Wrote: Jan 23, 2013 10:34 AM
You notice above I had to change to 'D Van Dyke'. I couldn't include the other name for 'Richard', it wouldn't let me post due to profanity. What is this country coming to? Van Dyke's first name is profanity? Anyway, back to the subject, all that she is being advised to do, she should have been doing during her marriage. This 'poor me ' attitude is offensive, I feel sorry for the husband, she must really be a putz, with horrible friends that may be the main cause of her considering divorce...

Dear Carrie, My sister is contemplating a divorce. She's always worked part-time but has pretty much let her husband handle the money. She also has two kids under 10. I'm worried and want to help. Do you have suggestions for how she can protect herself financially? --A Reader

Dear Reader, When facing a divorce, emotions often cloud financial judgment, so your sister is lucky to have someone like you to help her think clearly. She could have to deal with some potentially contentious issues, such as division of assets, payment of outstanding debts, spousal and child support -- all of which...