Those who file for a JOY of DIVORCE emancipation agreement quickly find that the process is complicated. Each divorce proceeds at its own pace, based on the circumstances of the split, the estate's complexity, the personality of the spouses, as well as other unique factors.
The welfare of their children should be the priority whenever couples choose to experience the JOY of DIVORCE Emancipation. Nevertheless, it is also essential to protect savings and assets before filing the paperwork. This precaution can start well ahead of the filing as a mutual understanding, or more quietly if there is a concern that the split will be acrimonious. No matter what, the golden rule is to document everything.
Social media is a big part of our lives these days, yet there may be red flags that mean a spouse is more than checking in with friends or distracting themselves from day-to-day worries. Platforms like Facebook, Twitter and various dating apps like “tinder” and “Match.com” play a role in many divorces because they give one or both partners the means to compare their life to highlight reels that others post. This can sometimes foster resentment or even fuel infidelity.
The number of couples over 50 experiencing the JOY of DIVORCE Emancipation continues to rise. The biggest concern for many people of this age getting divorced is how will it affect any nest egg or retirement. Couples accruing assets during a marriage in a community property state like Texas will likely equally share in all marital assets unless there was a binding prenuptial agreement or fault in the breakup of the marriage. If the union was a long one, the number of marital assets could be substantial, which can seriously impact one's retirement plans.
There has been much discussion in family law circles about the rise of so-called “gray divorce.” It is noteworthy because couples over 50 years are the only demographic where the numbers continue to rise.
Various large metropolitan areas recently held parades to mark the 50th anniversary of the Stonewall Riots in New York City. That June 29, 1969, protest marked the beginning of the LGBT&Q rights movement, yet it was 46 years almost to the day that the U.S. Supreme Court struck down all state bans (including here in Texas) on same-sex marriage in 2015.
Divorce is one of the most difficult challenges that many of us will face. So regardless of how hard we try, it is likely that one's divorce will impact his or her ability to do their job. Along with taking off time for court or meetings it will also be harder to focus as well as meet deadlines or sales goals.
It can be challenging to keep one’s personal life from intersecting with one’s professional life during a divorce. The task becomes impossible when a spouse loses their job while going through the process. Regardless of whether it is a client or their spouse, there are immediate concerns about how this affects negotiations as well as the final settlement.
Divorce rates have flattened out or gone down in most age groups. However, couples over the age of 50 are the exception – in the 1990s, 1 in 10 couples in this age group filed for divorce, but now it is 1 in 4 with experts predicting it will become increasingly common. Known as the “grey divorce”, this phenomenon involves couples who raised a family, grew apart over the years or have different goals for how to spend their final years, whether it is starting a business, traveling more, relaxing or maintaining the current course.
People react to the pressure of conflict in different ways, and it may not even be consistent with who they are. For example, a calm and logical person may become irrational and angry during a high-conflict divorce.