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Financial And Emotional Implications of Divorce

 


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Facts - Books - News    U.S. Facts Of Law:

Financial And Emotional Implications of Divorce

While there are many implications of divorce, women are often the financial victims of divorce due to the lack of equal pay for equal work in many countries and the fact that many women give up employment after marriage to rear children. They are often left with the burden of looking after the children after the divorce while having to find work in low-paid jobs. Child support collection is a major problem as many fathers do not accept that they have an obligation towards their children. Many national and local governments provide some kind of welfare system for divorced mothers and their children. (see Legal Kits)

Men are generally the financial victims of divorce due to court-ordered alimony and child support which women often are not required to pay, and the fact that many men are entirely denied custody of their own children. Some men are left with the burden of never seeing their children, which is a major problem as many mothers may relocate the children, not accepting that they have an obligation to provide a stable and supportive family with both parents involved. Although women are less likely to pay child-support, they are more likely to neglect support payments when they are required. Unfortunately, the aspect of family stability is one argument stated against same-sex marriage, since court orders against men and child neglect by women are no longer defensible one-way legal benefits. Recognition of the problems faced by fathers and other relatives is given by self-help groups such as Families Need Fathers.

The fact that women often receive primary custody of their children means that some men are are unable to see their children as frequently as they would like, and this is particularly difficult if one ex-spouse or the other moves. Currently in the US, federal law makes non-payment of child support an automatic felony, whereas a mother's refusal to let the father see his children in accordance with court decisions is not an act criminalized by the federal government.

In the USA, a spouse who resides in a community property state and lacks a prenuptial agreement is at a disadvantage if he or she earns more than the other spouse. In these states, the property is split 50/50 regardless of who earned the money. Thus, the spouse who would be the least well off on their own receives unearned money, property, and/or other assets upon the divorce settlement. Theoretically, a spouse with zero assets would get 50 percent of the other spouse's assets (possibly not counting pre-marriage assets and inheritance), while two spouses equally wealthy would both keep their share. This is true even if the poorer spouse has committed adultery or initiates the divorce them self. Judges have no power to rectify the situation, and must divide the property evenly no matter how unfair the result may seem. This can generally be avoided if both parties enter into a prenuptial agreement before marriage, though courts sometimes overturn these agreements. While men have traditionally had more assets than women and were negatively affected by community property laws, nowadays more and more women are the wealthier spouse, and are affected as well. Most states in the USA are not community property states. However, some large and populous ones such as California, along with a few smaller ones, are community property states.

In some jurisdictions, only a small minority of divorces involve families with children. For example, in Scotland in 1997, there were 2461 divorces involving children but 9761 of couples with no children under 16.

 

Financial and Emotional Implications of Divorce Best Sellers from Amazon.com

Two Homes
by Claire Masurel
Amazon Price: $6.99
Customer Review: The child who read this kept saying - 'that's like me' as he realised just how much he had in common with the character - an excellent book, gentle, lyrical, clear and straightforward - comes highly recommended.

Perfect You
by Elizabeth Scott
Amazon Price: $9.99
Customer Review: When i first started reading this book i wasn't sure if i would like it. It just looked like a book of a girl who hated her life and maybe that would change toward the end. But as i got further into the book i realized that i couldn't bring myself t...

It's Not Your Fault, Koko Bear: A Read-Together Book for Parents and Young Ch...
by Vicki Lansky
Amazon Price: $7.99
Customer Review: I read the book to my two children and they simply looked at me and said ..."bears don't get divorced!" I think it is unrealistic and they're aren't any coping tools to resolve issues the PARENTS often create for the children after divorce or separa...

Stand Tall (r/i)
by Joan Bauer
Amazon Price: $7.99
Customer Review: Tree is twelve and taller than most adults, which is something he hates. People tend to turn their attention to him, when he really just wants to blend in. He's expected to be good at sports but really his two older brothers are the athletes in his...

Your Divorce Advisor: A Lawyer and a Psychologist Guide You Through the Legal...
by Diana Mercer, Marsha Kline Pruett
Amazon Price: $5.49
Customer Review: This is the single best, most complete divorce book on the market. It took me from start to finish and saved me from making some expensive mistakes. Because there's a psychologist who's writing, too, and not just a lawyer, the book tuned me in to s...


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Financial and Emotional Implications of Divorce News

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She did it for Macca now she can do it for Madonna. Fiona Shackleton, the divorce lawyer who ensured that Sir Paul McCartney retained all but 24.3 million of his 825 million fortune, has been lined up by the 49 year old pop star.

Americas Got A Thing For The White Wedding The TimesNews
Fancy white gowns and multitiered cakes. Shiny gold rings and 400 guests. Exactly when did the fantasy of a classic white wedding take root

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