When a marriage comes to an end, money is usually the last thing that is on a person's mind. Often times, there are other things to worry about that supersede the importance of financial planning.

Ensuring that financial planning is on your list of priorities, however, can significantly smoothen the separation process. This is what Finances 123 Inc. can assist you with. With over 30+ years of experience in providing quality financial advice, we can give you the guidance you need to ensure that you come out of your separation protected and in the best possible financial terms.

When a separation occurs, there are many variables at play that will significantly alter the state of your finances. We will guide you through the premium route to ensure that you get the best possible financial result.

We recommend that, in the event of a separation, that each party retain copies of their financial records, bank statements, insurance plans, tax returns, and any investments alongside any other relevant financial information. The way that your finances are handled throughout the course of your separation can serve to have a lasting effect on you, your children, and may even affect your credit rating in the years to come. It is important that you have all the information you need to make an informed choice as to what's best for your future.

There are several important things to remember with regards to how your finances will be affected by a separation.

You and your spouse will still be held responsible for any and all debts incurred during the marriage

When deciding upon an arrangement to handle your debts, contact your creditors to ensure that it is an arrangement acceptable to them as they have the right to refuse.

Though Finances 123 Inc. maintains the expertise needed to guide you through this process, ultimately the responsibility falls on you to conduct yourself as respectfully as possible. It's your responsibility to put aside any disagreements you may have with your partner, and to do what's right for you and your children.

If you are in need of financial assistance while going through a separation, please contact Finances 123 Inc. for more information on the options available to you.