Month: April 2024
Are millionaires less likely to get divorced?
When couples feel financial stress, it increases the odds of divorce. This is part of the reason that losing a job can make it more likely that a marriage will end. Not having an income, or seeing a significant reduction in income, puts financial stress on the couple....
High-asset divorces can be complicated
California is a community property state, which means that spouses who are divorcing generally share equal ownership interests in any assets acquired during the marriage. This approach covers both material and immaterial assets, including bonds and stocks owned by...
3 ways that money can contribute to a divorce
So much depends on money that it is no surprise that it can affect a marriage. And that often the effect is negative and can result in a divorce. Here are some reasons money could lead to a divorce: Spouses hold different attitudes toward money Some people like saving...
3 reasons why divorce mediation can benefit a need for privacy
Social stigma is still sometimes a deterrent to divorce. While there is much less social concern about divorce now than there was decades ago, people can still face a degree of judgment after the end of a marriage. Particularly when there is reason to claim that...