SJP What to do if a relationship ends
The end of a serious relationship can send shock waves through your life.
At the same time, there's a whole spectrum of money decisions to make on your own.
The challenge
Your financial adviser can help you work out what you're worth and assess your financial situation faced with different scenarios - both when you separate and in the future. They can identify any tax issues you might not be aware of, make sure you and any maintenance income are properly protected, and plan for your children's financial future too.
Your divorce to-do list – what to think about
- Do you know what will happen to the main family home or other jointly owned property?
- Do you both have pensions, and who are the nominated beneficiaries?
- Do either or both of you have insurance policies?
- Will you be reliant on maintenance from your ex-partner? If so, you should discuss whether you need a protection policy, should they be unable to meet the payments?
- Do you have any Trusts, and should you set one up for your children's future?
- Do you have a current Will or Powers of Attorney that will need updating?
Will writing and Powers of Attorney involve the referral to a service that is separate and distinct to those offered by St. James's Place and along with Trusts are not regulated by the Financial Conduct Authority.
