For many people, divorce can be expensive. Between the legal fees and tax implications, the average divorce in the United States costs about $20,000. Furthermore, many people make some key mistakes during the divorce process that can cost them even more in the long term. The following are some common financial issues women should be aware of as they approach…
While the overall divorce rate in the United States has remained somewhat static over the past two decades, experts say that a relatively new trend has emerged. In short, members of the Baby Boomer generation (currently aged 52-70) are getting divorced at higher rates than 20 years ago, while the divorce rate among younger couples has declined significantly. According to…
If you’re going through a divorce, you may be facing the most intensely stressful period of your entire life. You may be worried about everything you need to sort out, how you will manage your finances and how your children will handle it all — among other concerns. By leaning on your support systems, however, you can make this entire…
Google Trends, which reports on the numbers of people looking up specific words and phrases on the search engine, has seen a surge in searches related to breaking up and getting divorced shortly after the holiday season. According to Google, the questions “should I break up with my boyfriend?” and “should I break up with my girlfriend?” saw significantly higher…
As you work through your divorce, it is important to take a good, hard look at your financial picture so you can come out of the process on a solid footing. With that in mind, here are a few of the most common financial mistakes people often make during the divorce process: Lack of accuracy: Whether it’s related to money,…
As the divorce rate continues to decline among Gen-Xers and Millennials, it’s the Baby Boomers who are still getting divorced at the highest rates. According to researchers from the University of Maryland, the average marriage is lasting longer than ever, and young people are divorcing less often. This could have quite a bit to do with people being far more…
It’s easy to get down on yourself if you are going through a divorce while still in your 20s. With so many other friends getting engaged and planning their own weddings, you may feel like you’re heading in the opposite direction. You might also feel that family members and friends are judging you because your marriage is ending. However difficult…
Are you on the fence about whether or not getting a divorce is right for you? The following are a few signs of failing marriages people most commonly notice before they end up filing a divorce petition: There are more bad moments than good: Why would you want to live with a relationship in which most of your interactions with…
Researchers in a variety of studies have linked parents’ neglect, absence or divorce to bad behavior in their children, including smoking and drinking. Children who have lost a mother or father early in life (defined as before the age of seven) are far more likely to drink and smoke before or during their teen years, whether that loss was due…
It can be a harrowing experience to bring up the idea of divorce with your spouse. At some point, if you believe divorce is imminent, the conversation is going to have to happen. However, there are certain things you should never do or say during this conversation, as it could hurt you later on. The following are a few examples:…