The first 90 days after divorce can feel like a blur. Between legal documents, living arrangements, and adjusting to your “new normal,” it’s easy to let financial details slip through the cracks. But these early steps matter — they lay the foundation for your long-term security.
Here’s your financial checklist for the first 90 days after divorce.
1. Update Legal and Financial Documents
Review and update beneficiaries on life insurance policies, retirement accounts, and bank accounts. Outdated designations could unintentionally leave assets to your ex.
Also, make sure your will, powers of attorney, and healthcare directives reflect your current wishes.
- Related Post: Estate Planning and Prenuptial Agreements
2. Review Health Insurance Coverage
If you were covered under your ex-spouse’s employer plan, you may need to explore COBRA coverage or switch to a plan through the Health Insurance Marketplace. Compare costs and coverage early to avoid gaps.
3. Track Your Cash Flow
Post-divorce, your income and expenses may look very different. Create a budget that reflects your new reality. List out fixed expenses (housing, insurance, car payments) and variable ones (groceries, childcare, personal spending).
A clear picture of cash flow helps you see what’s sustainable — and what needs adjusting.
- Related article: Money Matters--6 Tips for Single Moms
4. Review and Protect Your Credit
Pull your credit report from all three bureaus at AnnualCreditReport.com. Check for lingering joint accounts or errors. If you don’t already have credit in your own name, consider opening a small account to start building independence.
5. Secure Important Documents
Keep a dedicated folder (digital or physical) for key divorce papers: the decree, property settlement agreement, child custody documents, and QDROs for retirement accounts. Having them organized will save stress if you need to reference them later.
6. Revisit Insurance Coverage
Your life, disability, auto, and homeowner’s or renter’s insurance may all need updating after divorce. Make sure coverage fits your current situation and your beneficiaries are correct.
Final Thoughts
The first 90 days after divorce are overwhelming — but they don’t have to derail your future. By following this checklist, you’ll reduce stress, avoid costly mistakes, and give yourself the confidence that you’re on solid financial ground.
- You don’t need to do it alone — I can help you review your checklist and create a plan that works.