Divorce is becoming increasingly common in the United States. In fact, according to the 2016 American Community Survey, about 40% of all marriages in the US end in divorce. This number has been rising for the past few decades and is unlikely to go down soon.
Several factors contribute to this trend. One reason is that people are waiting longer to get married. The average age for first-time brides is 27, and for first-time grooms, it’s 29. People who wait until they’re older are more likely to have gone through some tough times and may be less willing to put up with a bad marriage.
Another reason for the high divorce rate is that people are more likely to get divorced if they’ve already been divorced. About 60% of second marriages end in divorce, compared to only 37% of first marriages. This may be because people who have been through a divorce know what they’re getting into and are more likely to end a bad relationship sooner.
Whatever the reasons for the high divorce rate, it’s essential to understand the impact divorce can have on your life. Divorce can be a traumatic experience, and here are a few to consider.
In divorce can suffer emotionally, mentally, and even physically. Divorce can cause feelings of sadness, confusion, anger, and helplessness in children. It’s important to recognize these emotions and help them through the process as best you can.
Mental health is also affected by divorce. People who experience divorce are more likely to suffer from anxiety and depression in the short term than people who stay married. This is because divorce often involves a lot of stress and trauma that people must process before moving on with life and finding happiness again.
Children’s custody will need to get decided, which can be a contentious issue. It’s important to remember that the child’s best interests should come first, and both parents should work together to ensure that the child is taken care of in the best way possible.
Divorce has financial implications as well. Assets must be divided between two households, alimony may be awarded, and taxes can change significantly for both parties. Understanding these changes is crucial so you can plan your finances accordingly.
It’s also important to remember that divorce doesn’t have to mean financial ruin — it’s possible to rebuild finances after a divorce if you take the time and effort necessary.
When dividing financial assets, it will be critical to understanding how the court will assess property and assets. Having a lawyer represent you can help ensure everything gets handled properly.
Divorce has an impact on your social life as well. You may find yourself with fewer friends or adjusting to spending more time alone. It’s important to remember that it’s okay to reach out for support during this challenging time — talking to a counselor or other trusted person can help you get through the transition period of divorce.
You might lose many social connections acquired through your partners, such as their friends and family. It’s important to remember that while this can be difficult, it doesn’t mean you can’t make new connections — don’t be afraid to put yourself out there and meet new people.
Divorce also affects your business life. If you own a business, it’s essential to understand how divorce can impact the structure and control of the company.
For example, if one spouse owned the business before marriage, their partner may have acquired partial ownership during the marriage. In a divorce, both parties must agree on what will happen with the company — either one spouse buys out the other, or they decide to co-own it until one receives full ownership. Divorce mediation services will be necessary to ensure a fair and equitable outcome.
Divorce can also impact your standing as an employee, especially if you’re in the military. Certain benefits may change or be taken away during divorce, which can affect your career. It’s essential to understand these changes and how they will affect you so you can plan accordingly.
Divorce can still affect your career even if you don’t own a business. You may need to find a new job or change your work schedule due to childcare issues or financial constraints from divorce.
No matter what changes happen due to divorce, it’s important to remember that you have the power and resilience to make it through. You can come out of this transition more potent with proper planning and support. Take time to care for yourself, talk with friends or family members, or seek counseling if needed — there will be light at the end of the tunnel.