More people file for divorce in January than any other month. There are a couple of reasons that marriages in Pittsburg and across the country tend to end in this month as opposed to the others. In many cases, unhappy spouses wait to file for divorce until after the holidays to allow their children to end the year with happy memories. For others, divorce may be part of their New Year's resolutions.
Spouses who are going through a divorce may wonder how their retirement savings will be affected. While no two Pennsylvania divorces are exactly the same, there are a few basic things individuals can expect.
When most couples in Pennsylvania get engaged, they want to focus on the joy and excitement that surrounds their relationship. The last thing that most of them want to talk about is a prenuptial agreement. After all, this makes some feel like a marriage is doomed for failure from the get-go. On the contrary, discussing a prenuptial agreement offers several benefits.
While divorce in Pennsylvania and the rest of the United States is common, this does not mean it is an easy process. Women are particularly affected by it, especially when it comes to their finances. One study showed that women are likely to experience a 20% decline in income if they have ever worked outside of the home after a divorce in comparison to men who typically experience a 30% increase in their income after a divorce.
Financial problems can result in a divorce for some people in Pittsburgh, and those issues may be a part of the divorce process as well. One problem some people may encounter is they may not have been very involved in the family finances. Those individuals should make sure they know what assets each spouse has individually and what they own jointly as well as how to access them.
Some couples in Pittsburgh may divorce for strategic reasons. For high-income spouses, splitting up can be a way to save on taxes. In low-income situations, divorce could help one partner qualify for Medicaid or allow a child to get more financial aid for college. However, there are also financial drawbacks to strategic divorces.
Experts suggest that Pittsburgh residents who are worried that their marriage may be heading toward a divorce should examine whether their marriage is exhibiting some of the following signs. One sign is that marriage mates don't eat dinner together. This might seem like a minor thing, but when a couple stops eating dinner together, it could indicate that they are living separate lives and that they are disjointed. Sharing a meal with a spouse is a time-honored line of connection; when that is broken, it may indicate deeper issues.
It may go without saying that divorce proceedings can involve a good deal of emotion. Couples who at one point may have shared a strong love for each other may find that the emotions they feel are still present; they have simply gone from positive to negative. The hurt feelings surrounding the end of a marriage can easily spill into a couple's divorce case, hindering the process as both sides prepare to fight it out over what they think that they deserve. The hope, however, is that those involved in divorce proceedings realize that it is in the best interest of everyone impacted by their decision for them to allow their marriages to come to an amicable conclusion.
Older Pennsylvanian parents who get a divorce must understand that regardless of how old their own children are, they will still be impacted by the split. While more studies exist on how divorce affects young children, this doesn't mean older children are left unharmed.
If you are a Pennsylvania resident considering ending your marriage, you may wonder where to begin. The starting point depends on your particular situation. At Sweeney Law Offices, LLC, we assist clients with services for no-fault and fault-based divorces.