Randy Perskin: Discussing Divorce

It is not unusual to allow emotions to rule how you negotiate a divorce. Many people going through a divorce can relate to the scenario posed in “War of the Roses” where anger and frustration overcome rationality and destruction of property becomes an outlet and a way to punish an ex spouse. Feelings of frustration and anger are natural however it is far better to make every attempt to come out of the divorce as financially sound as possible. Discussions with your attorney, accountant and financial planner will allow you to accurately assess your financial situation and determine the best possible strategy to ensure your financial well being.

A divorce impacts emotional and financial well being. Feelings of anger, loss and sadness are valid and should be addressed with the support of family, friends and, perhaps, professionals such as psychiatrists. It is preferable, however, not to allow these emotions to cloud your judgement when considering the economic impact of your divorce. If possible, it is preferable to keep a level head and use a practical approach when considering your finances.