02/14/2013 05:21 pm ET

Pros And Cons Of Keeping A Secret Fund In Case You Divorce

As a Divorce Financial Strategist, I’ve helped many women and their divorce attorneys decide on the most advantageous way to divide marital assets, compute alimony and negotiate more favorable settlements. After all’s said and done, if I were to ask these clients what they wish they’d done differently during their marriages (financially-speaking, of course), I know without a doubt that most of them would say they wish they had:

- been more aware of and involved with their family ‘s finances, including how much their husbands earned (bonuses, commissions, stock/stock options and other perks), especially if he had a cash-based business or professional practice, where money was invested (or lost), and

- kept more control of their own money.

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