Top concerns women have after divorce

On Behalf of | Dec 4, 2019 | Divorce

The United States has the third highest divorce rate in the world, and those who have gone through this process would agree that it is not easy. It seems to affect men and women in different ways. Florida residents may be interested in learning about the top concerns women have after divorce and how they deal with them.

The main concern that women will likely have after divorce is money. Studies reveal that women who worked before, during or after their marriage may see up to a 20% decrease in their income after divorce. Men, on the other hand, may experience an increase in their income. It is also more likely that women will live below the poverty line than men after a divorce.

Taking control of one’s finances is essential after divorce. Women must gather important financial documents and get a realistic idea of where they sit financially. Creating a budget based on their new circumstances, likely just one income as opposed to two, and then sticking to that budget will help protect a woman and her children financially. It is also important for a woman to understand how the divorce has changed the amount of taxes she will pay and whether her retirement benefits were affected.

Another concern that women have after divorce is their children. Their lives are likely to be turned upside down, even if walking away from the marriage is best in the long run. Keeping communication open with children is essential. Also, letting teachers, daycare staff and others involved in the lives of the children know that the divorce has taken place can be helpful so that they can offer support to the children.

The more information women can gather about divorce and how it will affect them financially, the better. A lawyer may provide information about asset division, child custody and other matters that would come up during the divorce process. The lawyer may also provide practical assistance by helping women fill out the appropriate paperwork and then filing for divorce.