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Negotiating a divorce settlement

Negotiating a divorce settlement
Negotiating a divorce settlement © PathDoc/Shutterstock.com

Divorce is apt to be the largest financial transaction of many people's lives, set amidst an emotionally charged time. The process can bring to the surface struggles for power, aversion to ambiguity and feelings of helplessness, as well as a host of financial pitfalls.

The following seven deadly sins of divorce are based on observations of financial advisers who assist individuals and couples with navigating thorny financial decisions at the end of a marriage.

Anger, greed, sloth, pride, lust, envy and gluttony are all part of the ugly undertow in any negotiations involving divorce. Here's how to avoid these deadly sins if you're contemplating or already in a divorce.

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