Why Women Need Financial Advisors When They Get Divorced

Divorce can be a pretty daunting and stressful experience. And while things are difficult for all parties involved, women are subjected to a slew of different challenges that make it difficult to pick up the pieces and start anew. This is why it’s especially concerning that 95% of women do not utilize a financial advisor for divorce. Considering that women experiencing divorce are undergoing a monumental change in their lives, it would be best to utilize any and all the help that is available to them.

Now, we understand if you are still on the fence when it comes to hiring a financial advisor for divorce. This is why we thought it would be useful to put together a list of reasons why women need financial advisors when they get divorced. Hopefully, this article will be enough to convince you so you can be in the best position to get back on your feet after this difficult chapter of your life has concluded.

They Will Help Put You Sort Out Your Marital Assets

Divorce can be rather overwhelming. This can lead to a slew of different mistakes that will end up costing you in the long run. This is especially true when it comes to marital assets. You can avoid all of this by hiring an advisor. Your advisor will help you uncover and identify financial assets that you need to get a fair share of during the divorce. Remember that you are entitled to everything including the marital home, the engagement and wedding rings, fine jewelry, and retirement accounts.

They Will Help You Manage Your Finances

Divorce brings a slew of different changes with it. This is most evident when it comes to how you’ll be approaching your finances. You’ll need to rethink everything as paying your bills, managing your investments, buying insurance, and budgeting your spendings will all be affected by the divorce. This can be rather difficult to do on your own especially if you have no prior experience managing your own finances. Luckily, financial advisors have the knowledge and expertise that will help you navigate and manage your personal finances. In fact, it’s not out of the realm of possibility that you may actually be better off financially after the divorce.

They Will Help You Achieve Your Financial Goals Posts-Divorce

While getting back on your feet is important, you’ll also want to look beyond this and start dreaming bigger. Aside from helping you manage your finances, financial advisors can also help you set and achieve new financial goals. Whether it be paying off your debt, purchasing a new home, or retirement, there’s no goal too big or too small that a financial advisor can’t help you with.

Conclusion

As you can see, there are multitudes of different benefits attached to hiring a financial advisor for divorce. Trust us when we say that this will make things infinitely easier for you and will be a great help when it comes to helping you get back on your feet and build the future that you want. For any more questions regarding this subject, be sure to contact a financial advisor. Here at Calamita Wealth Management, we understand that each client’s financial journey is different. This is why our team has been trained to handle everything from divorce to even losing a job. You can rest assured that our financial advisors for divorce, retirement, and investments are well equipped to help you out with any and all of your financial concerns. If you’re looking for a financial advisor in Charlotte, North Carolina reach out to us today!