EXTENSION PROGRAMS Agriculture and Forestry Community Leadership Economic Development Environmental Sciences Family and Consumer Sciences 4-H Youth Development Natural Resources Separating Your Finances

M arriage is a financial partnership. Divorce means more than separating a family physically. It also means separating a family financially. Both can bring great emotional stress. At the very least, you’ll be able to make better financial decisions in the future for yourself and your children if you’re able to separate the emotional breakup from the financial breakup. You should move toward eliminating the financial ties to the person you are divorcing. The ultimate goal is to create two financially separate households from one. It may not be possible to cut all connections, but your risks can be reduced. Seek the advice of an attorney, an accountant or another financial professional to clarify ta