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Financial And Emotional Implications of Divorce

 

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Financial And Emotional Implications of Divorce

While there are many implications of divorce, women are often the financial victims of divorce due to the lack of equal pay for equal work in many countries and the fact that many women give up employment after marriage to rear children. They are often left with the burden of looking after the children after the divorce while having to find work in low-paid jobs. Child support collection is a major problem as many fathers do not accept that they have an obligation towards their children. Many national and local governments provide some kind of welfare system for divorced mothers and their children.

Men are generally the financial victims of divorce due to court-ordered alimony and child support which women often are not required to pay, and the fact that many men are entirely denied custody of their own children. Some men are left with the burden of never seeing their children, which is a major problem as many mothers may relocate the children, not accepting that they have an obligation to provide a stable and supportive family with both parents involved. Although women are less likely to pay child-support, they are more likely to neglect support payments when they are required. Unfortunately, the aspect of family stability is one argument stated against same-sex marriage, since court orders against men and child neglect by women are no longer defensible one-way legal benefits. Recognition of the problems faced by fathers and other relatives is given by self-help groups such as Families Need Fathers.

The fact that women often receive primary custody of their children means that some men are are unable to see their children as frequently as they would like, and this is particularly difficult if one ex-spouse or the other moves. Currently in the US, federal law makes non-payment of child support an automatic felony, whereas a mother's refusal to let the father see his children in accordance with court decisions is not an act criminalized by the federal government.

In the USA, a spouse who resides in a community property state and lacks a prenuptial agreement is at a disadvantage if he or she earns more than the other spouse. In these states, the property is split 50/50 regardless of who earned the money. Thus, the spouse who would be the least well off on their own receives unearned money, property, and/or other assets upon the divorce settlement. Theoretically, a spouse with zero assets would get 50 percent of the other spouse's assets (possibly not counting pre-marriage assets and inheritance), while two spouses equally wealthy would both keep their share. This is true even if the poorer spouse has committed adultery or initiates the divorce them self. Judges have no power to rectify the situation, and must divide the property evenly no matter how unfair the result may seem. This can generally be avoided if both parties enter into a prenuptial agreement before marriage, though courts sometimes overturn these agreements. While men have traditionally had more assets than women and were negatively affected by community property laws, nowadays more and more women are the wealthier spouse, and are affected as well. Most states in the USA are not community property states. However, some large and populous ones such as California, along with a few smaller ones, are community property states.

In some jurisdictions, only a small minority of divorces involve families with children. For example, in Scotland in 1997, there were 2461 divorces involving children but 9761 of couples with no children under 16.

 

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Ask These 5 Questions Before Signing Off On A Clientaposs Divorce Settlement ...
TheStreet.com Ask These 5 Questions Before Signing Off on a Client39s Divorce Settlement TheStreet.com An often overlooked part of a divorce are the tax implications, says Scott Vance, an enrolled agent at Taxvanta. quotThus, so it39s important that those questions are answered in the divorce,quot Vance says. He advises getting the following parental tax

AposGame Of Thronesapos May Have Just Confirmed A Contentious Theory With Hug...
INSIDER 39Game of Thrones39 may have just confirmed a contentious theory with huge implications for Jon Snow39s future INSIDER Divorce is not a concept mentioned often if at all in quotA Song of Ice and Firequot or quotGame of Thrones.quot Tyrion and Sansa39s marriage is referred to as a quotsham,quot but Tyrion seems to hinge that annulment argument on the fact that it was never consummated. 39Game of Thrones39 Is Officially Jon Snow39s StoryThe Ringer blog Game of Thrones: Season 7 Episode 6 Preview HBOYouTube all 1,524 news articles raquo

Nicole Kidman, Keith Urban NOT Separated, Despite Tabloid Cover Story Gossip...
Gossip Cop Nicole Kidman, Keith Urban NOT Separated, Despite Tabloid Cover Story Gossip Cop This is a 100 percent manufactured cover story, and there is zero truth to the implications Kidman and Urban are separating with a divorce on the horizon. Gossip Cop said last week that the tabloid was trying to make drama where there was none, and now

Rise In Divorces Among Older Couples Presents Unique Family Law Issues India...
Indiana Lawyer Rise in divorces among older couples presents unique family law issues Indiana Lawyer He expressed concern about the financial implications of gray divorce, as the system tends to favor working spouses over non working spouses. Though divorce proceedings are begun with a presumption of a 50 50 split of assets, the reality is often

Gay Divorce Ban Violates Human Rights: UN Sky News Australia
Sky News Australia Gay divorce ban violates human rights: UN Sky News Australia Dr Campbell wants to dissolve the marriage for personal and practical reasons, including having the option to remarry in the future and implications for overseas travel. However, as same sex marriage is not legal in Australia, Dr Campbell marriage is Australian Same Sex Couples Married Overseas Can39t Get Divorced BuzzFeed News Gay divorce ban breaches human rights: UN 9News9news.com.au all 6 news articles raquo

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Facts of Law about the financial and emotional implications of divorce

Facts of Law - Financial and Emotional Implications of Divorce