Schwab MoneyWise ®
Schwab MoneyWise®

Managing Your Money After a Divorce

Moving forward with confidence.

Now is a good time to evaluate your financial situation carefully. It's important to understand and take charge of your financial well-being.

First, review and update the following documents:

  • Take the necessary steps to make any name change official. Get a copy of your court order for use when requesting that agencies and creditors change your name in their records.
  • Review and update files for all personal accounts and property.
  • Update your will and estate plan.
  • Update beneficiaries for your IRA(s), 401(k) plan, and life insurance.
  • Update your health and life insurance records as needed.
  • Update your name on the titles of all property you own.
  • Request copies of your credit report to check for accuracy—you can request copies at AnnualCreditReport.com.
  • Update your income tax filing choices and W-4 as needed.

Create a plan for the present and the future.

Get more tips and insights about what you can to do to create your own financial security, such as how to:

If you're returning to work after a break, a new job can open up new possibilities—professionally, financially, emotionally, and socially. Learn more about how you can take control of your career.


(1109-10800)

Investing involves risk, including possible loss of principal.

The information on this website is for educational purposes only. It is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, consult with a qualified tax advisor, CPA, financial planner, or investment manager.

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