Do Rising Divorce Rates Signal a Better Economy?

The question above doesn’t sound like a common one, but researchers are finding that more divorces may mean that people are in a financially improved situation. As the economy gets better and better, more and more spouses that have been dependent on their husband or wife for income are able to obtain jobs and create a life for themselves out on their own. Also, many men and women are obtaining the funds to get a divorce started, cover attorney’s fees, and deal with the process.

At present, the United States tends to favor lesser earning spouses. Those who receive alimony, spousal support and child support are characteristically the spouses that are making less money than their former partner. While spouses are often wealthier as a family unit when they remain together, splitting can still work out in a way that gives each spouse financial security. More money equals more freedom, which is why these men and women who are emerging from the recession are using their new finances to create a better life.

If you choose to divorce from your spouse, then you will want to collaborate with a family lawyer to determine how you will work out finances. If you have children, you may be able to seek child support. If you contributed to family services while your spouse was at work, it may heighten your ability to receive spousal support and alimony. You may want to sell your home in the event of a divorce and split the profit. You will also need to divide all jointly owned assets, including businesses and investment ventures. If you are dealing with all of these decisions, don’t hesitate to find a family lawyer who can help. With a professional, knowledgeable attorney by your side, you’ll be in better shape to finalize your divorce from your spouse.