Reestablishing your own finances after a divorce can be challenging, especially if they’re been entwined with your former spouses’ for a long time. Financial planning after a divorce may include building your own emergency fund, updating your insurance policies, changing your tax filing status and paying a different marginal tax rate, among others.
Some financial advisors specialize in helping people who are going through a divorce. If you’re interested in finding one, look for an advisor who holds the certified divorce financial analyst (CDFA) designation. Finding a financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.