Chester County Night School

Financial Implications of Divorce

Getting divorced is one of the most emotionally charged processes one can go through, but the financial implications can be just as challenging. Invariably, many divorcees find themselves in a situation they never imagined being in?regardless of their age. Changes in housing, income, healthcare, and retirement are just a few of the areas that newly single people will have to navigate?which is why professional guidance can be key. During the 1.5-hour workshop, attendees will learn: ? How to revise their budget and understand their new cash flow ? How alimony and child support will affect their income tax liability ? How to make smart housing choices ? How to handle 401K/IRA/Pension distributions from their ex-spouse ? How to update their estate plans while protecting their minor children ? How to restructure their life insurance to dovetail with their estate plan ? How Social Security provides special options for divorcees (even if their ex has passed away) ? How to ensure they can retire comfortably ? How they can protect their children?s/heir?s inheritance if they too get divorced someday

Dates:October 24, 2017   
Number of Sessions:1
Meets:Tu : 7:00 PM - 8:30 PM
Location:Owen J. Roberts Middle School
Instructor:Richard Hand, CFP®, CLU, ChFC, MSFS

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