Divorce checklist

Ending a long-term relationship can be a juggling act — emotionally, intellectually and financially — but taking action now can help you create a steady, secure future. 

Print our checklist and keep it handy. It can help you stay on track.

• Make a budget.  Use a budget worksheet to record all your income and expenses.

• Update your health insurance.  Review the rules for removing your former partner from your health insurance. If you're the one without insurance, research coverage.

• Review beneficiaries.  Take time to review your beneficiaries on things like life insurance, retirement plans, bank accounts and other financial documents and make changes where necessary.

• Know who owes.  You may be entitled to part of your former partner's retirement account, or he or she may be entitled to yours.

• Find a real estate agent.  Whether you decide to sell your house or stay, it's helpful to know how much it's worth. 

• List your assets.  Know how much you have. Include things like income, equity, support payments, investment income, real estate income, etc.

• Prepare for taxes.  If you and your former partner share custody, agree on who will file as "head of household" when taxes are due.

• Plan for retirement.  See if your retirement savings are on track. If not, brainstorm ways to save more and make more.

• Adjust your investments.  Talk to your financial professional about rebalancing your portfolio and any other changes to your investment strategy.

• Build your team.  You’re not in it alone. Make sure you’ve got the right team of professionals to help you create the life that you want.