Atlanta Financial Blog

Why “Equitable Distribution” In A Divorce May Not Be Enough For Women

Why “Equitable Distribution” In A Divorce May Not Be Enough For Women

Cathy C. Miller, MBA, CFP®, CRPS®, CDFA™
December 3, 2019

If you’re a married woman, research shows that you are far more likely to seek a divorce than your husband. In fact, women initiate 69% of all divorces in the U.S..

If you do decide to end your marriage, you and your soon-to-be ex-husband will have to take stock of all your assets and then begin the process of splitting them up.

Download our free report: Top 3 Financial Questions Before You Divorce

Ideally, there will be a fair and equitable division of assets and belongings between ex-spouses. But for a division to be equitable, you must often consider the intangibles, like earnings potential and child-rearing, as part of your exit plan.

Women and men both suffer financially after divorce. That’s a no-brainer. But research shows that, while men’s post-divorce financial struggles tend to be a temporary setback, the financial consequences of divorce on women are more likely to be permanent.

Why?

If you’re considering divorce, working with a good attorney may not be enough. While they are experts in the legal aspects of the divorce process, many attorneys are not well-versed in financial matters.  Their role is to guide you through the legal process, not provide personalized financial-planning advice. The number one question my clients have when facing a divorce is “Will I be OK?”.  Working with a financial advisor can help answer that.

Learn about our process, DivorceFIT™, designed to help you manage the details of your financial life before, during and after divorce.

 At Atlanta Financial, we have been by the side of women divorcing for more than 30 years. Through our DivorceFIT™ process, we will walk with you through the big picture financial issues all the way to the smallest of details that need to be addressed as you go through divorce and after. Our goal is to help you transition to the next phase in your life on solid financial footing. 

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