How to protect your cash in a split

Each week the NZ Herald and Newstalk ZB's Cooking the Books podcast tackles a different money problem. Today, it's how to stop a broken heart also breaking the bank. Hosted by Frances Cook.<br /><br />Just like finding someone to team up with in the game of life can have the happy side effect of boosting your wealth building, going through a split can have the opposite impact. It can be financially devastating. <br /><br />That's why the latest New Zealand Relationship Property Survey caught my attention. <br /><br />It found that people in their 40s are in the most danger of a split, and the 50+ age group is also on the rise. <br /><br />That's a time pretty close to retirement, and could make it hard to recover well enough to enjoy your golden years. <br /><br />So, is there any way the system should change to reduce the financial hit, if you really need to separate? <br /><br />And is there anything you can do when you first get into a relationship, to future-proof yourselves? <br /><br />For the latest Cooking the Books I talked to Kirsty Swadling, chair of the family law section at the New Zealand Law Society.<br /><br />We discussed what impact a split can have on your finances, whether the system needs to change, and how people can protect themselves at the start of a relationship. <br /><br />If you have a question about this podcast, or question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here <a href="https://www.facebook.com/FrancesCookJournalist/" rel="noopener">https://www.facebook.com/FrancesCookJournalist/</a> Instagram here <a href="https://www.instagram.com/francescooknz/" rel="noopener">https://www.instagram.com/francescooknz/</a> and Twitter here <a href="https://twitter.com/FrancesCook" rel="noopener">https://twitter.com/FrancesCook</a>