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Women face unique challenges during divorce

Its no secret that the end of a marriage is a very stressful and emotional thing to experience. Some statistics suggest that nearly half of all marriages in Pennsylvania and across the United States end in divorce. These days, separating from a spouse can present unique financial challenges, especially for women. The following financial tips can be helpful for women who find themselves facing divorce.

One of the most important things to do before jumping into divorce negotiations is prepare. Taking time to research and gain an understanding of the complete financial situation is key. Obtain records of bank statements, retirement accounts, insurance and other financial records. Taxes can always be confusing, so it can be beneficial to research and learn about any applicable tax laws.

Divorce can definitely be overwhelming. It is not uncommon for women to allow emotions to take over, which can prevent them from looking at the situation objectively. However, women who are going through a split should stay focused on what is in their best financial long term interests. By taking control of their finances, women can come through this experience unscathed.

Although this can feel like a time of loneliness and isolation, women should know that they do not have to go through this experience alone. The best piece of advice for any person considering divorce is to seek professional help. This can come in the form of a therapist, financial adviser or even a pastor. However, those in Pennsylvania who have questions regarding divorce could benefit from discussions with an experienced family law attorney. A knowledgeable legal representative can provide guidance while ensuring that individuals are positioned for the best possible outcome. 

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Sweeney Law Offices, LLC 20581 Route 19, Suite 1 Cranberry Township, PA 16066 Toll Free: 866-540-4180 Phone: 724-390-4464 Cranberry Township Law Office Map