‘Money is always emotional, but divorce amplifies this reality many times over,’ says Carla Dearing, CEO of Sum 180, a financial wellness consultant. Don’t make any major financial decisions until you’re through the ordeal, advises Josh Zimmelman, owner of Westwood Tax & Consulting.
‘Not only are you not in the right mindset to be making any big decisions, but there might also be legal ramifications to consider. Most importantly, don’t make emotional decisions about non-emotional things, like your finances.’
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