Search Close Button
Craig E. Gibbs, Attorney at Law - Criminal, Family Law, Attorney
Leave Your Legal Concerns To Me

MONEY MAY INCREASE A COUPLE’S CHANCE OF DIVORCE

On behalf of Craig E. Gibbs, Attorney at Law posted in divorce on Monday, October 15, 2018.

For those who don’t have it, or more precisely don’t have enough of it, money can seem like a cure to all the world’s ills. For those who have experienced how damaging is the blind pursuit of it and the excesses it can lead to, money may truly be considered the root of all evil. The truth probably lies somewhere in between.

Many married couples have sufficient resources and do not have difficulty paying their bills. Financial observers report that where both work and contribute to the economic stability of the household, they fare better in keeping the marriage on track. Where one of the pair is the primary breadwinner, traditionally the man but not always, there is often more stress on that individual in the form of long hours at work and perhaps extensive travel. That is not a good formula for an enduring relationship.

Furthermore, there is a general trend that lends itself to the conclusion that money doesn’t help marriages stay intact. In down economic times, divorce rates tick downward, but in boom times rates trend up. The conclusion seems to be that people will endure what they must if it makes financial sense to wait for a better time to make the split.

Sometimes whether it is a high asset divorce or not, the end of a marriage is simply the best option for all concerned. Important decisions regarding property division, child custody, visitation plans and spousal support must be made. A divorce lawyer can help work past the emotions and explain the legal issues at stake as the couple move on with the rest of their lives.

Tags: Divorce

Related Posts: Gray divorce and protecting retirementReasons for considering a prenuptial agreementGetting married on Valentine’s Day may not be wiseTax reforms mean changes in divorce for 2019

No Comments

Leave a comment
Comment Information

GET ANSWERS TODAY

Contact the Firm

Bold labels are required.



I have read the Disclaimer. Privacy Policy

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Office Address

Office Number

Craig E. Gibbs, Attorney at Law - Criminal, Family Law, Attorney

Craig E. Gibbs, Attorney at Law

4480 General DeGaulle Drive, Suite 217
New Orleans, LA 70131


Fax: 844-246-0278
New Orleans Criminal Law Office

EMAIL US FOR A RESPONSE