Top Money Mistakes in Divorce

Here’s a nice article on Top Financial Divorce Mistakes from Forbes.com.

Here are some of the mistakes the author, Leah Hoffman, names:

Having unrealistic expectations

Not communicating (with your spouse and your lawyer)

Getting into an endless battle

Getting hung up on the numbers (for example, believing that the financial split must be exactly equal)

Focusing on the present and not on the future

Forgetting to account for taxes

Overlooking important information (for example, about retirement plans, assets, and (I would add) all the debts and who owes them)

Staying too entangled financially with your ex-spouse

Failing to allow time for a dormant career to get back on track

It’s a nice list.