Managing Finances after Your Divorce – Post-Divorce Checklist – Part I

Your divorce is final!  You’ve come along way, but you’re not done quite yet.

Even after the judgement is entered, there are many things you must do to be certain that the financial and legal aspects of your life are in order for this next phase of your life.  Review your settlement document carefully.  You don’t want to miss any one of these important actions.

Use this checklist to help wrap important follow-up items after your divorce is final. Not every item may apply to you, but there are likely several for you to take care of.

Documents and Titles

  1. Get a copy of the certified divorce decree; make extra copies and store in a safe place. Keep your marriage certificate (original or a certified copy), as well.
  2. If you intend to change your name, don’t forget these places:
    1. Driver’s license, car title and registration
    2. Social security card
    3. IRS records
    4. Life, health, disability insurance
    5. Employer records
    6. Credit cards
    7. Bank, brokerage and investment accounts
    8. Professional licenses
    9. Title to real property
    10. Utility bills
    11. Passport
  3. You and your ex-spouse will need to determine who will hold the originals of important documents, such as children’s passports, birth certificates, medical records, religious documents, photographs, videos, keepsakes. One of you can keep the original, but the other should have a copy.
  4. If your divorce decree requires the transfer of title to cars, motorcycles, or boats, prepare, sign and deliver the necessary documents to complete the transfer. (Don’t forget Step 8, about insurance on those items).
  5. Close any joint credit accounts: credit cards, department store charges.
  6. Once joint accounts are closed, order a copy of your credit report, to ensure that changes have been made, and there are no unauthorized charges
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