Two Ways to Acquire Financial Knowledge during Divorce

November 13, 2017

Research is creating new knowledge. -Neil Armstrong

 

Acquiring financial knowledge takes time, energy and intention. There are two ways to acquire financial knowledge, and during the divorce process you will need both.

 

The first way is to get acquainted with the facts. This doesn’t mean you need to be the expert on everything, but it does mean being able to gather accurate data. I recently met with a woman whose soon-to-be ex-husband wrote a list of the financial accounts on a legal pad. While she didn't have supporting documentation for the numbers, she assured me the numbers were 100 percent accurate. Unfortunately, that is not the type of due diligence that is required in gathering the facts during divorce. While it is a good place to start, it is imperative to have official statements and documentation.

 

The second way to acquire financial knowledge is to become familiar with the subject. There are so many ways to do this, but here are a few suggestions.

 

Never stop fighting until you are at your destined place - that is, the unique you. Have an aim in life, continuously acquire knowledge, work hard, and have perseverance to realize the great life. 

                                                                                                                                          – A.P.J. Abdul Kalam

 

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