Getting divorced is a difficult and often stressful process, there are many things to consider such as your home, any children, and your finances. The cost of divorce can have a significant effect on your future finances. With this in minds divorcing couples should also address the value of final salary pensions as this is often defined as a ‘benefit’ income and could be an important asset in the negotiations. Seeking professional financial advice could help you to understand your financial situation to be able to plan more effectively.
