Financial moves for the recently divorced

Divorce is common in our society, but that doesn’t make it any easier to navigate. If you’ve recently finalized a divorce, you’ve likely been coping with uncertainty and tension, but you can still avoid turning an already difficult situation into one that’s even more challenging. How? By making the right financial and investment moves, including the following:

•Establish your separate financial presence. Even when you were married, you and your spouse might have maintained some separate accounts. But if you only had joint accounts, now is the time to open your own checking, savings and credit accounts.