As a financial adviser, I understand that divorcing a perpetrator of domestic abuse can be an incredibly challenging and sensitive situation. While my primary role is to provide financial guidance, I recognize the importance of holistic support in these circumstances. Here are some key financial considerations and general tips that may be helpful:
Financial Considerations:
- Secure your finances: If possible, open a separate bank account in your name only. This can help protect your financial independence.
- Gather financial documents: Collect copies of all important financial records, including bank statements, tax returns, property deeds, and investment accounts. Store these in a safe place outside the home if possible.
- Monitor your credit: Check your credit report regularly for any suspicious activity or accounts opened without your knowledge.
- Seek professional advice: Consult with a divorce solicitor who has experience in cases involving domestic abuse. They can advise on how to protect your financial interests.
- Consider a non-molestation order: This can include provisions to prevent your spouse from accessing joint financial accounts or selling shared assets.
General Tips:
- Prioritise safety: Your personal safety and that of any children should always come first. Have a safety plan in place before taking any action.
- Seek support: Contact domestic abuse support services for guidance and emotional support. They can often provide valuable resources and advice.
- Document everything: Keep a record of any abusive incidents, including dates, times, and details. This may be useful for legal proceedings.
- Plan your exit carefully: If you're planning to leave, do so when it's safe and you have support in place.
- Protect your communication: Use a secure email address and phone that your spouse doesn't have access to for sensitive communications.
Remember, you don't have to face this alone. There are professionals and support services available to help you through this process. As your financial adviser, I'm here to assist with the financial aspects of your situation and can work alongside other professionals to help secure your financial future.
If you're in immediate danger, please contact the police on 999. For ongoing support, the National Domestic Abuse Helpline (0808 2000 247) is available 24/7 and can provide confidential advice and support.
Tamsin Caine
Tamsin is a Chartered Financial Planner with over 20 years experience. She works with couples and individuals who are at the end of a relationship and want agree how to divide their assets FAIRLY without a fight.
You can contact Tamsin at tamsin@smartdivorce.co.uk or arrange a free initial meeting using https://bit.ly/SmDiv15min. She is also part of the team running Facebook group Separation, Divorce and Dissolution UK
Tamsin Caine MSc., FPFS
Chartered Financial Planner
Smart Divorce Ltd
P.S. I am the co-author of “My Divorce Handbook – It’s What You Do Next That Counts”, written by divorce specialists and lawyers writing about their area of expertise to help walk you through the divorce process. You can buy it by scanning the QR code…
