(512) 827-8529

If you are a man in the process of a divorce in Texas, you will likely need financial advice just the same as anyone else. Your life after the divorce will change as your assets have been divided and you may owe child support. Thus, taking the time and investing in a divorce financial advisor may help you in the long run.

You should keep the advisor for the long term

Divorce will involve many difficult financial decisions. A man’s conception of their personal finances may change when they are on their own. However, they may not be prepared for that reality. Advisors report different challenges in working with men. One of the difficulties is that men do not often keep their advisor all the way through the process and may only look to the advisor for short-term help. However, many challenges only become apparent after the divorce is finalized and your new life is underway.

Men have financial stress too in a divorce

Financial issues can contribute to the stress of a divorce. For men, it can take something that is already a seismic change and make it worse. Retaining a financial advisor can reduce the stress somewhat as you will learn more of how to plan and make the most out of your money. Some men may not have even handled their family finances when they were married, further adding to the stress of the situation.

Of course, one of the first pieces of advice that a divorce financial advisor would give you is to make sure that you are represented by a family law attorney. Your lawyer will help you negotiate the divorce agreement to hopefully provide you with a manageable financial situation after the divorce. Men often do not know what they need to plan for, and the attorney may help them learn what they need to know.