Boom or Bust: Does the Economy Affect Divorce Decisions?
The economy can influence many aspects of your divorce, from whether you decide to file, to how you divide assets, handle support, or even afford legal costs. A downturn may push some couples toward faster settlements, while others face new financial pressures that make divorce harder to manage. An amicable divorce, Collaborative Divorce, or Mediation may offer more flexible solutions in a changing economy. The State of the Economy Can Shape Your Choices When the economy takes a downturn, it affects more than your wallet. It can also impact your marriage and your decision to divorce. For some couples, financial stress increases the strain at home, which leads to more people reaching out to lawyers. Others may delay filing, either because they are trying to…