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
  • 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.


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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