14 Money Mistakes You Should Avoid When You Divorce

AVOIDING THE REALITY OF YOUR FINANCES

‘One of the first things my divorce attorney did was have me fill out a Statement of Net Worth (SNW),’ says Lara Nolan, a recently divorced New Yorker. The process of itemizing your marital property and getting an idea of what will be left after you split it up is routine practice in all 50 states. Some people actually decide to reconcile once they see it on paper. Others, like Nolan, use the SNW as a reality check, but don’t let it deter them from moving forward with a divorce.

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