How Divorce Affects Investments
A Summary from Blake & Associates Law Firm
By Debra Repya
While divorce generally has an overall negative impact on finances for both spouses, women in particular seem to bear the brunt of that change with 64 percent saying their divorce created financial crisis and nearly that same number saying it served as a real financial wake-up call. In light of these facts, it makes sense for both partners to not only be aware of the family finances, but to be actively involved in their management to ensure neither is in the dark in regards to the health and well-being of the family finances.