When planning for a divorce, as you probably already know, finances play a large role in the divorce process. In many cases, the financial aspects of a divorce are usually the most overwhelming on all parties involved. There are many financial topics to take into consideration including, but not limited to, asset distribution, alimony, child support, retirement accounts, pensions, checking accounts, savings accounts, stocks, bonds, offshore investments, and more.
One financial consideration that most people overlook is life insurance. Commonly, individuals are so focused on the emotional toll of divorce and other financial aspects of the marital estate that they do not consider life insurance policies.
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