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Biggest Financial Blunders in Divorce

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    FOXBusiness.com's Kate Rogers on the financial mistakes to avoid when getting divorced.

  • Duration 3:47
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So what do you do to protect your financial future -- -- Rogers of foxbusiness.com.

Is here to tell us it's it's said.

Terrible time emotional he could deplete your emotional reserves very easily.

A song told but also would financially -- -- You're absolutely correct you gasoline so people according to ports are often racing towards that finish -- because they wanna be done with the stress.

Emotional pain in the financial burden that comes along with legally ending a marriage but experts say that if you really take your time and exercise patience and caution during the process you can see herself from financial ringleader -- -- -- three divorce attorneys across the country.

And I asked them what the dubious financial lessons they've learned from watching couples and their cash split up day in day out.

So the first can't they say is that you absolutely have to you choose the right time to start your divorce proceedings -- -- -- there's ever a great time to get divorced but it depends where you financially are in your marriage is -- -- -- just started a business.

And it's really doing -- taking off and you decide you're gonna file for divorce.

-- assets are frozen from that point on.

So whatever your business is worth from the day you file on your -- get 50% that you want to make sure you are deciding at the right time if you're visit his tanking.

And you wanna get divorced then you're -- get less of that money and they what have you -- business is doing really well so think about where you are financially in your marriage.

OK and then.

One you have heard what would that would put that would put upon the full points plus -- -- our next tip is lying in the easily gain easy along really -- listen for that's fully think she should avoid yes Norma they.

So I definitely think about lying and evil -- all the time in their -- -- on -- you know over finances.

While finances and not financial matters -- let's say you cheated and you lied about it becomes a light within the proceedings.

That he cheated and didn't tell the truth a judge -- be less inclined to believe you leader in the game about what your time -- -- -- -- He had caught the judge finds out about it and they say -- -- -- -- 50000 dollars a year why would -- believe you that if you intelligent thought earlier in making so it's important not to -- in the one of the attorneys I spoke to brought -- Bill Clinton and he said.

We're more angry as a nation that he.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- We don't know what we're fighting for so get.

That -- valuation done by an expert and it might cost five or 101000 dollars in -- -- -- -- money and in the hands and you got to change will absolutely change it before you file.

If your -- is getting everything your well.

Do it before you file for divorce because once you file for divorce.

It's frozen just like -- accident on some things like an estate that's bullying -- you can change after the fact but if it's -- a joint filing jointly have to do it.

Before you get and but I guess.

-- that some because -- -- one of the big concerns people might happen is that all of this.

I choosing the right time going into a long way getting a financial expert that'll cost you money absolutely is that in the long run -- may -- -- shipment but it'll save in -- absolutely all right.

OK Kate Rogers of folks this is don't communicate -- -- -- There it is yeah I foxbusiness.com.

Right now.

Divorce attorney sharing their tips to avoid financial mistakes I genuinely hope that none -- -- act that is back to that need that advice.

But if you do.

There it is Kate Rogers great excuse me listening -- very much are gonna take quick break and then we will be back with the legal panel weighing in on the blade around.

-- -- blade to Ghana.

Is it Modell was he simply chasing down someone he thought was an intruder it is will get into that when we come back.

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