Dealing with divorce – 5 steps to help make things easier

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Divorce is hard and all the sudden changes can be overwhelming. Here are five steps that might help make your financial life easier.

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

Published on 8 January 2024

It was correct at the time of publishing. Our views and any references to tax, investment and pension rules may have changed since then.

Divorce is hard. Nobody would rush into it after one bad Christmas, but sometimes a fortnight of one another’s company can be the straw that breaks the camel’s back.

Divorce lawyers annually see an uptick in enquiries immediately after the festive period – rivalled only by the rush just after the summer holidays.

But that’s just the tip of the iceberg.

Splitting up means we have to come to agreements over all sorts of things with someone we have already decided we can’t have a relationship with.

If you’re facing this, it can feel overwhelmingly difficult, but there are steps that can help to take some of the pain out of the process.

This article isn’t personal advice. If you’re not sure if something is right for you, ask for financial advice.

You don’t have to stay friends, but the more you can agree between you, the less