While nearly half of all marriages end in divorce, ending your marriage is not something you should take lightly. A divorce amounts to high levels of stress. It’s a huge move that can affect you financially for many years, especially if you are older and near retirement.
Women also suffer more in a divorce. Since many are stay-at-home parents, they often don’t have the education or job experience to move on quickly after a divorce. Many face numerous losses in a divorce struggle for many years if they don’t have a solid career. Men, on the other hand, tend to recover much more quickly. While many men do face economic setbacks in a divorce, they are not as profound.
This is something that women need to take into consideration if they decide to divorce. While many are breadwinners who would still fare well after a divorce, many are not in this situation. Many women depend on their husbands and are not aware just how much a divorce would set them back financially.
With the coronavirus pandemic causing spouses to quarantine and spend more time together, couples are discovering that they can’t stand each other. They are spending too much time together. There has already been a surge in divorce filings and online searches. But does that mean you need to divorce? Not necessarily.
Keep in mind that families all over the United States are in the same boat as you. All households are dealing with quarantines, remote work, distance learning, a lack of child care, layoffs, financial struggles, cancelled plans and other effects of COVID-19. All parents are having to deal with these challenges to some degree. In most cases, mothers are the ones who are having to coordinate all these changes. This can feel like a heavy burden. While this can cause problems in marriage, divorcing isn’t going to make things better.
If you do decide to divorce, think ahead and be realistic. Finances will change. If you and your spouse both worked before, your household income will decrease. One household becomes two.
Think about all the aspects involved. Where will you live? How will your income change? Women who are the breadwinners may have to pay alimony to their husbands, so keep that in mind.
So before women decide to divorce, they need to look at the entire picture. Is it worth it to divorce? Will time make the marriage better? Sometimes situations, like COVID, are just temporary.
A divorce is a major financial issue for all involved, but women seem to get hit the hardest. Therefore, they need to think things thoroughly and decide whether a divorce would be worth it. Are there other options?
The Columbia divorce lawyers at the Law Offices of Todd K. Mohink, P.A. can help you understand your alternatives to divorce. If you decide to move forward, we can help you get the best financial outcome possible. Schedule a consultation by filling out the online form or calling (410) 774-5987. We have two offices to serve you.
7310 Ritchie Highway, Suite 910
Glen Burnie, MD 21061
30 Corporate Center
10440 Little Patuxent Parkway,
Columbia, MD 21044