Important tips on how to deal with your finances after a divorce.

Many people are starting an important chapter in their lives in the New Year with the finalization of an uncontested or contested divorce. We decided to kick off 2015 with five top financial matters to consider after divorce. These issues are not only important for a person wishing to maintain control over his or her current financial affairs and avoid problems, they are a strong investment in a safe financial future.

These top five considerations come after a 2015 Forbes article about “money matters divorcing spouses often overlook.”

These important financial considerations can make the divorce process run smoother and faster.

During a marriage, it’s common for one spouse to take over everyday finances such as paying taxes and monitoring joint investments. But if that couple goes through a divorce, one spouse is at a serious disadvantage that could affect their future. There are some important financial matters that every couple should address before ending a marriage in order to avoid this situation. They help ensure that both spouses can properly assess their financial needs when they begin a new chapter in their lives.