It is often said that the decision to divorce is one of the most difficult ones live can bring. For many, the decision is obviously the right one, but the problems come with trying to figure out how to do it with the minimum amount of harm caused to all those concerned. This is especially true when there are children in the marriage. Some New Jersey families are trying a novel approach that may have some benefits.
Ending a marriage in New Jersey can be costly in terms of the emotional impact and the time that's involved in making life adjustments. However, divorce can also be literally more costly than anticipated if significant financial mistakes are made. While every situation is unique, there are some common financial oversights that tend to occur more frequently than others.
New Jersey residents may know that their jobs can have an impact on their relationships. Spending long nights on a stressful project could take a toll on even the strongest of marriages. However, who a person works with may play a role in determining whether a his or her marriage succeeds or fails. Data from a study done in Denmark found that men who worked mostly with women had an increased chance of getting divorced.
There are a number of reasons that New Jersey couples may decide to divorce, but therapists have identified one key sign that a marriage may be on the rocks. When one or both partners feel hopeless about the future of the relationship, it can be a strong indicator of the likelihood of divorce. People in strong relationships may feel more positive not only about their partnerships but about other aspects of their life. In fact, the relationship can be a shelter during stressful periods at work or with other family relationships.
A study has found that couples in New Jersey and elsewhere are more likely to divorce if they have a personal friend who has divorced. The study was conducted by researchers Brown University, Harvard University and the University of California, San Diego.
Unpleasant emotions typically accompany the decision to get a divorce. People in New Jersey who want to end their marriages could benefit by approaching the situation realistically. The terms of property division and child custody, if children are present, must be negotiated. Ideally, people will reach an agreement without prolonged and costly litigation. A flexible attitude could go a long way toward limiting conflict, and mediation may present a viable alternative to litigation in some cases.
When parents in New Jersey decide to divorce, it can be an abrupt shift into a co-parenting environment. However, both parents can overcome the challenge if they just remember to keep the best interests of the children in mind. This is especially true when it comes to encouraging interaction with the other parent. While a newly divorced person may have little desire to see or interact with their ex-spouse, it is a necessity when children are involved. Except in cases of abuse, it's important that kids are encouraged to love and engage with both of their parents.
New Jersey residents who are approaching or going through divorce are likely to have disagreements about financial matters. According to a survey conducted by the American Academy of Matrimonial Lawyers, the top things divorcing couples fight about are alimony, business interests and retirement accounts. When it comes to dividing 401(k) assets, couples can sometimes make mistakes. Here are a few things to keep in mind when splitting up a 401(k).
A divorce causes many changes in a person’s life. But of course, change is not unique to divorce. Life is full of changes, and a person can experience many changes after they get divorced. Examples include job losses, pay cuts and health changes. Such changes sometimes have major financial implications.