Clients regularly ask us what they can do to prepare for a divorce before it’s filed. Of course some of that varies by situation and we will be happy to give you advice tailored to your situation, but there are some basic steps most people should take and surprisingly these steps go a long way toward improving marriages. Understand your Financial Situation Often there are big disparities in basic understanding about a couple’s budget, debt, and assets. One spouse may be nearly clueless how much is being saved for retirement, how much debt exists, how much money it takes to run the household, … [Read more...]