Divorce splits the family's finances into two. Sometimes the two halves aren't exactly equal.
Financial expert Peter Dunn discusses the most common money mistakes that arise during divorce: Is it worth fighting to keep the house? What should you do about your insurance policies? What is the best way to get up to speed with financial issues if your soon-to-be-ex was in charge of the family's finances?
Divorce is not the only emotionally fraught life change where there is a great potential to make financial mistakes. Receiving an inheritance also requires difficult financial decisions. Many people don't know what to do with their sudden windfall and they either end up spending it too fast or losing it on bad investments.
In this financial podcast, find out the critical five steps you need to take to handle an inheritance and make the most of your newly acquired wealth.