By: Kathleen Longo, CFP®, CAP®, CDFA
It is said that change is the only constant. While that proverb can be confusing to people experiencing relative stability in their lives, it is the constant change and lack of certainty that can bring people in the middle of a major life transition to their knees. Transition and change are two very different things, and while one will never stop occurring (change), the other (transition) can feel in the moment like there may never be a light at the end of the tunnel.
One major life transition that impacts approximately half of all families, divorce, is one of the most challenging and stressful life events that a person can experience. The impact is emotional, psychological, physical and financial. The experience of having nearly every single aspect of your life changed is powerful and can take a toll on your will power and decision making skills. Divorce is also extremely challenging because, by its very nature, it is not something most of us typically plan for.