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Even when Brangelina-sized wealth isn’t involved, divorce is likely to be the largest financial transaction of many people’s lives, set amid an emotionally charged time. And, as Hollywood supercouple Brad Pitt and Angelina Jolie may be finding out, 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 7 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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