Divorce can bring significant changes to your life, including changes to your finances, relationships, and future plans. At Patrick Wayne Wealth, we understand the challenges that come with divorce and would like to provide information and resources to help you navigate this process.

Financial Implications of Divorce

Divorce can have a significant impact on your finances, and it is important to understand the financial implications of divorce and take steps to protect your financial future. Some of the key financial considerations during divorce include:

• Division of assets: This includes the division of property, investments, and other assets.

• Spousal Maintenance: Also known as spousal support, spousal maintenance can be awarded to one spouse to help provide financial support during and after the divorce.

• Child Maintenance: If you have children, child maintenance may be ordered to help provide for their needs.

• Retirement accounts: Retirement accounts may be divided during the divorce process, and it is important to understand the tax implications of this division.

To protect your financial future during divorce, it is important to seek the guidance of a qualified financial advisor and/or solicitor.

Support Resources

While Patrick Wayne Wealth does not provide direct support for individuals going through a divorce, we can help with finances after a break-up. Our knowledgeable financial advisors are here to help guide you through the financial implications of divorce and help you plan for your financial future. Additionally, there are online resources and support groups available that can provide information and support during this time.

Going through a divorce can be a difficult and emotional experience, but it is important to take steps to protect your financial future during this time. By seeking the guidance of professionals and utilizing available resources, you can navigate the divorce process and move forward with confidence.