Bangalore: “Divorce is the one human tragedy that reduces everything to cash.”  Wedding vows affirms that marriage is eternal. But in this real world 50 percent of marriages go through divorces. If marriages bring in wealth, divorce can turn into killer of it especially when you have a huge fortune to boast about. If marriage costs you a bomb then divorce will cost you a bazooka. Sharing is caring but here sharing is splitting of assets, your home, bank balances and even child support etc. Here are few of the ways that Divorce rips your fortune off if you are not aware of its financial consequences.

Hold Back Your Assets Assets cannot be held back unless the couple has signed some pre-nuptial clauses that can hold their assets separately. If only one spouse is the share holder corporate assets can be held separate from divorce proceedings. But the contributions by non-shareholder spouse can make him/her eligible for compensation. Inheritance can also hold a separate place if the money is not used for family purpose. Intertwining money with family finances will only make the situation tangly. Legacy established by a spouse is among the few assets that can be separated in the case of the divorce. That is depending on if the inheritance money was used for the family or not. If you receive an inheritance, better go for a separate investment or savings account.