Developing a plan for your future

Navigating your finances after divorce

At CLB Group, we understand that divorce can be a challenging and stressful experience. However, it can also be an opportunity to take control and plan for a new financial future. One of the critical aspects to consider is the financial settlement, which involves complex decision-making concerning short-term savings, credit card debt, and disposable income.

Establishing a budgeting plan

Our professional advisers can guide you through these decisions, taking into account various factors throughout the separation process. In addition, we can help you set up a budgeting plan that meets your needs by analyzing your monthly income and expenses to help you understand your current financial situation and plan for your future requirements.

Preparing for retirement

As you navigate through your separation, it's essential to reassess your retirement plans to secure a comfortable future. Our financial advisers can help you understand the necessary adjustments required and offer guidance on rebuilding pension rights after a divorce settlement or setting up an investment plan customized to your needs.

Safeguarding your income

Unforeseen events can significantly impact everyone involved, necessitating a review of protection measures. Our team can assist in establishing insurance policies that provide financial security for you and your loved ones in the event of death, incapacity, or critical illness. We offer various insurance options, including whole life, fixed-term life, critical illness, and disability income coverage, tailored to your specific requirements.

Deciding on the family home

Deciding what to do with the family home is a central issue to manage during a separation. Our advisers can help with selling, buyouts, value transfer, or retaining ownership, as well as provide guidance on financing a new move or taking over an existing mortgage. We can also help review and transfer an existing mortgage into a single name and assist in arranging finance for a fresh start in a new home. With our assistance, we can ease financial stress and help you develop a plan for your future.