This recent column from the Huffington Post examines the relationship between divorce rates and the American economy. It offers some historical context as well. Much of our work in family law involves issues of money, employment and financial decision-making. Specifically, the issues surrounding family finances, including equitable distribution, support and alimony are significant for many of our clients facing divorce.
If you are going through a divorce, or considering an initial consult with an attorney to discuss your situation, it is important that finances be a part of that discussion. The more you understand the system and your options, the better your decision-making process will be. As this article helps to illustrate, the financial impact of a divorce is significant. It is crucial that you and your attorney understand the financial impact of a divorce on you and your family, and that all available options are thoroughly reviewed, discussed and considered.
Source: Huffington Post