Separation and Divorce Financial Considerations
Separation and divorce could be the largest or second largest expense in your lifetime.
Forty to fifty percent of marriages end in divorce. It’s a common problem that affects many North American families. There are more than 1.25 million divorces plus hundreds of thousands of common-law separations each year. Statistically, approximately 80 million parents and children in North America are affected.
The amount of unpaid child support and spousal support /alimony now totals more than $30 billion!
Divorces often take years to complete, especially in families with poor communication. Some divorces cost well over $100,000 or more. Cooperatively working together helps to reduce anxiety, improves attitudes in children, enhances school performance, nurtures friendly relationships with children and parents, allows parents to move forward with their own lives, and considerably reduces financial expenses. This joint cooperation paves the way for a much smoother legal process and replaces frustration with optimism.