If you have a joint bank account, ask your bank to freeze the account so that both signatures are required before any transactions can be made. If you're concerned that your soon-to-be ex is going to run off and really drain your account, you've got to be really cold-hearted about this.
More Quotes from Kerry Hannon:
That's one mistake people make. It's sort of a back-of-mind issue. If you're not remarrying, you can put it in your child's name so you retain control but they will inherit it.Kerry Hannon
Don't make any big investments. Have lunch with a friend one day a week, but don't buy a Mercedes.
Kerry Hannon
Inform the companies in writing and call them as well. Tell them you want the accounts closed and that you are not responsible for charges from that point, period. Then make sure you have a credit card open in your name alone with Visa or MasterCard, one of the major revolving cards. A department store card isn't enough.
Kerry Hannon
What is really frightening is that people don't know where everything is. Many women don't have a clue where a lot of the investments are or even who their life insurance agent is. They may have paid all the household bills and wrote the checks each month, but they didn't deal with the big-picture stuff. That's very traditional.
Kerry Hannon
When you go to get credit, they often look to see if you have a phone number in your name. If you don't, even if you are listed in the phone book at that number, it can be problematic.
Kerry Hannon
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