How to Financially Prepare for a Divorce

InspireHer: Plancorp Women’s Initiative

 Sara Gelsheimer By: Sara Gelsheimer
It's not a pleasant topic, but when divorcing, you want to be as financially prepared as possible. Join Senior Wealth Manager, Sara Gelsheimer, as she walks through the 3 steps to financially prepare for a divorce.
In this video, Sara walks through the financial path for preparing for a divorce:


1.  Financial Assets

  • Gather Documents
  • Check Your Personal Credit Score
  • Establish Credit in Your Own Name

2.  Kids & Pets

  • Determine expenses
  • Don't forget the "one-offs"
  • Claiming dependents on taxes

3.  House/Material Possessions

  • Non-Liquid Assets

Additional Divorce Planning Resource: 

For additional consideration, check-out our blog on How to Secure Your Financial Future After a Divorce

Free Resources: 

Are you a Plancorp client?

If you're not sure where to start, reach out to your Wealth Management team to help you set up new financial goals or to check in on your existing goals. 

Not a Plancorp client? No problem.

Schedule a 15-minute call with our team and we can discuss how Plancorp could help you.

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Complete this simple 9-question analysis to get personalized guidance on what you need to turn your situation into financial success.

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This material has been prepared for informational purposes only and should not be used as investment, tax, legal or accounting advice. All investing involves risk. Past performance is no guarantee of future results. Diversification does not ensure a profit or guarantee against a loss. You should consult your own tax, legal and accounting advisors.

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Sara came to Plancorp in 2013 with a strong financial background and an even stronger commitment to financial education—particularly for women. A Wealth Manager and Founder of InspireHer (Plancorp's Women's Initiative), Sara is also a new mom. More »