Saturday, December 17, 2005

7 steps to a smart divorce settlement

We take saat phere and an equal number of vows to solemnise a marriage that is said to unite the two together for the rest of their lives. Unfortunately none holds true when a couple decides to call it quits. While emotional loss is something one can live through, the reality of financial loss that arises after being alone is some thing one has to live with forever.

While the emotional loss is equal for both the partners, it is the partner who has no visible means of supporting oneself, who is going suffer financially as well. Divorce settlement, or alimony, is something that one can look forward to for filling the financial gap created after parting ways with the once-loved one. Moreover, there are chances that even this small grace can come to nought for the lack of proper planning.

Here are seven steps one must follow to reach a money-smart divorce settlement.

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