Going through a divorce is usually not an easy process. Not only do you have to deal with all of the emotional turmoil that comes along with ending a marriage, your financial wellbeing is also at stake.
For that reason, it’s crucial to avoid these common “divorce traps” that trip up many people during the divorce process.
Divorce Trap No. 1: Not having accurate information on your finances. One of the most important steps of divorce is the division of marital property. If you fail to have accurate information on all of your marital assets and debts there is no way that you can end up with a settlement that is fair.