Divorce is very hard – it’s hard when you’re the one who wants it; it’s hard when you’re the one who doesn’t want it. It’s hard when your kids are little; it’s hard when your kids are big. And it’s hard when times are good – but it’s particularly hard in times of economic uncertainty.
Thinking about divorce means taking a hard look at economic reality. Do we have enough resources to set up and maintain two households? How do we figure out support if one of us is unemployed? Do we sell the house now or wait until things get better? Can we afford to keep it?
Figuring out how to make good financial decisions in economically uncertain times is tough. It’s even harder when you’re being asked to make these decisions at a time when your decision-making ability is likely to be most impaired. Research tells us that just about every separation involves emotional turmoil, family upheaval and feelings of loss. Common sense tells us that we tend to make bad decisions when we feel overwhelmed. As if that weren’t enough, add powerlessness and a dysfunctional court system into the mix. Divorce proceedings can make you feel powerless because the legal system operates according to rules and principles that you may know nothing about; that you may not agree with or think are fair; and that you may not be able to do anything about. Massive budget cuts to our court system means that it can take years for the court to process your case.
Don’t know where to turn? Just say KNOW. By learning about divorce and the different process options available you can maximize your ability to make good decisions during the difficult […]