What Women need to know to deal with divorce proceedings financially?
Essential Financial Steps for Divorce Preparedness
Dealing with an NRI cheating case in India calls for both emotional strength and key financial steps, like protecting your assets, knowing your legal rights, ensuring register marriage is in order, and preparing for divorce to secure a fair financial future.
Financial Preparations
Gather all financial documents, such as bank statements, investment details, property papers, etc., to assess the overall financial situation.
Open separate bank accounts and credit cards in your name to present financial independence.
Safeguard your income root and confirm you can access funds for daily expenses.
Alimony and Child Support
You are entitled to alimony and child support from the husband based on his income and your standard of living during the marriage.
NRI divorce alimony is usually 25% of the husband's net salary, while child support depends on the child's needs.
Ensure the NRI divorce procedure or settlement includes a clause for periodic review of alimony based on inflation and the husband's income growth.
Asset Division
You have equal rights over marital assets like property and investments, which are vital for NRI divorce alimony.
You can claim a share if the property is in the husband's name but you have financially contributed.
Jewellery and gifts given to you by your parents are your exclusive property.
Financial Planning
Consult a financial planner to restructure your finances post-divorce, NRI's mutual divorce India, and plan for your future goals.
Make sure you have adequate life and health insurance coverage for yourself and your children.
Invest prudently to build a corpus for your long-term financial security.
Our Blogs
Alimony in NRI Divorce Cases: Key Factors That Determine Financial Support
Read MoreHow can the government help an NRI woman abandoned abroad?
Read MoreHow To Navigate The NRI Divorce Procedure?
Read MoreWhat Women need to know to deal with divorce proceedings financially?
Read MoreSteps husband can take if wife files false dowry or domestic abuse case?
Read MoreHow men can protect their finances while going through a divorce
Read MoreWhat Women need to know to deal with divorce proceedings financially?
Dealing with an NRI cheating case in India calls for both emotional strength and key financial steps, like protecting your assets, knowing your legal rights, ensuring register marriage is in order, and preparing for divorce to secure a fair financial future.
Financial Preparations
Gather all financial documents, such as bank statements, investment details, property papers, etc., to assess the overall financial situation.
Open separate bank accounts and credit cards in your name to present financial independence.
Safeguard your income root and confirm you can access funds for daily expenses.
Alimony and Child Support
You are entitled to alimony and child support from the husband based on his income and your standard of living during the marriage.
NRI divorce alimony is usually 25% of the husband's net salary, while child support depends on the child's needs.
Ensure the NRI divorce procedure or settlement includes a clause for periodic review of alimony based on inflation and the husband's income growth.
Asset Division
You have equal rights over marital assets like property and investments, which are vital for NRI divorce alimony.
You can claim a share if the property is in the husband's name but you have financially contributed.
Jewellery and gifts given to you by your parents are your exclusive property.
Financial Planning
Consult a financial planner to restructure your finances post-divorce, NRI's mutual divorce India, and plan for your future goals.
Make sure you have adequate life and health insurance coverage for yourself and your children.
Invest prudently to build a corpus for your long-term financial security.
Also Read: Steps husband can take if wife files false dowry or domestic abuse case?