There are numerous things to consider when ending a marriage. For any New Jersey resident that has not had experience with a divorce, he or she may not be aware of all the complexities to consider. In addition, laws change, occasionally altering the process. In fact, the recent Tax Cuts and Job Act recently affected many aspects of the process and will affect many divorces in 2019.
Many people wonder why some marriages work out while others do not. While there are usually multiple reasons behind a divorce, money issues seem to be a common theme. Here are a few of the money issues New Jersey couples may face that could lead to an ended marriage.
New Jersey couples who are in a second or third marriage may not realize that their chances of marital success are lower than those who are in their first marriage. Approximately 60 percent of marriages end in divorce when it is the second marriage compared to those who have less than a 50 percent chance of divorce during a first marriage. Because many second marriages occur later in life, there are some important things to consider prior to getting married.
Neil Sedaka's signature song is "Breaking Up is Hard to Do." The lyrics couldn't be more true, particularly when a couple has been married for any length of time. It can be difficult to separate lives once they have merged and intertwined. It is easy in the midst of the pain, hurt and emotion to forget to monitor and figure out how to separate finances. Because a couple's finances will be impacted by a divorce, couples in New Jersey are encouraged to keep their money matters in check.
A recent study indicates that four out of every ten marriages will end. Unfortunately, a divorce affects more than just the couple. Shared children often feel the biggest impact of a parent's failing marriage. New Jersey parents may be interested to know that more than a child's emotional well-being can be affected; their college education can also be impacted.
Some statistics suggest that as many as half of all marriages will end in divorce. In those marriages, children often are caught up in the battles, fights and negotiations of spouses. Although a divorce is painful and can be a lengthy process, New Jersey parents may be in interested to know that there are ways to assist children through the proceedings.
In the last century, women have gained many rights and more respect from male counterparts than ever before. Despite women becoming more independent, statistics indicate that many women still leave most financial decisions and management up to their spouses. New Jersey readers may be interested to learn that women who have not participated in marital financial decisions often face surprises during a divorce.
Finances are often the center of many marital disputes. It is no surprise that discussing the division of finances during divorce negotiations can be tricky and can easily erupt into arguments. A savvy family law attorney can offer advice to an individual in New Jersey measures that can be taken prior to filing for divorce to protect the client's financial future.
Every couple decides to merge lives and residences at different stages of their relationship and often for different reasons. When a relationship ends, couples tend to go their separate ways and establish separate places to live, but some couples with children are choosing to maintain the family home together. New Jersey parents who are considering a divorce may be interested in the new trend called bird nesting.
Conflict causes stress. How true these words may appear to people who find themselves in situations where they are exposed to high levels of conflict. This may be particularly relevant to New Jersey couples in the midst of a divorce.