Divorce brings significant financial change, and having a clear financial plan in place can help you regain stability and build a secure future. From dividing assets to planning for new financial priorities, ensuring your plan evolves with you is key. 

1. Define Your Priorities 

Your financial goals may shift post-divorce. Are you focused on securing a home, funding children’s’ education, or rebuilding retirement savings? Understanding your new financial landscape will help you set clear, achievable objectives. 

2. Review and Adjust Regularly 

Life doesn’t stand still, and neither should your financial plan. Regular reviews ensure your settlement continues to meet your needs. Are you making the most of tax-efficient savings like ISAs and pensions? Do your investments align with your long-term goals? Adapting to changes is crucial. 

3. Prepare for the Unexpected 

Divorce can bring financial uncertainty, so having a safety net is vital. Building an emergency fund and ensuring you have the right insurance—such as income protection and life cover—can provide stability and peace of mind. 

4. Plan for Children’s Future 

If you have children, their financial well-being is a top priority. From school fees to university costs, structuring support within your settlement and using tax-efficient savings options like Junior ISAs can help secure their future. 

5. Think Long-Term 

Beyond immediate needs, consider the bigger picture. Will your settlement provide financial security in the years ahead? We can road-test proposed settlements, giving you and your solicitor, or mediator, confidence that your financial plan will work over the long term. Estate planning tools such as wills and trusts can also help ensure assets are protected and passed on tax-efficiently. 

A good financial plan isn’t just about today—it’s about securing your future. By reviewing your position and making adjustments as needed, you can move forward with confidence. 

Is your financial plan ready for this next chapter? 

• Bowmore Financial Planning Ltd is authorised and regulated by the Financial Conduct Authority 

• The Financial Conduct Authority does not regulate Estate Planning or Inheritance Tax Planning. 

• Bowmore Financial Planning Ltd is not regulated to provide tax advice 

• The tax treatment of certain products depends on the individual circumstances of each client and may be subject to change in future