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KEMBA Financial Credit UnionA life event like separation or divorce can have a profound impact on your financial situation, but you can take steps to maintain control of your finances. Check out these tips: 1. Open a separate checking account and savings account to take control of your personal finances, under the guidance of an attorney. 2. If selling is the chosen path, both spouses need to understand the market and prepare for the process. 3. Ensure that vehicles are appropriately divided and that you have suitable auto insurance coverage. 4. Updating beneficiaries on any financial account and adjusting your estate plan is an often overlooked but vital step in the divorce process. 5. Reach out to KEMBA for assistance in making any financial transitions as smooth as possible. We're here to help. You can read about this tips and find more information on preparing for the financial implications of divorce in today's blog post: https://www.kemba.org/resources/education/financial-factors-of-divorce #KEMBA #KEMBAFinancialCreditUnion #CreditUnion #Banking #Saving #Divorce #Finances
On the profile · Aug 26, 2024