How to protect personal finances in the event of a divorce or adultery
'21.02.2018'
Source: aol
The biggest problem during the breakup of marriages is financial, because people are afraid to discuss this issue before the wedding, being fully confident that their love will last forever, or simply embarrassed to touch on financial issues at the beginning of a relationship.
Marriage destruction caused by infidelity is an even more difficult problem due to emotional discomfort and tension between partners, especially if the couple have children, the newspaper writes. aol.
Treason pulls to the surface the true character of man. Some will take revenge by all possible methods, some will use children to influence, turning them against their partner in favor of their own goals.
Usually, in the event of a betrayal, the injured party feels powerless, even if she does not have the desire to reconcile. The study showed that after a divorce, women suffer more financially than men. A man’s lifestyle usually changes little after a divorce, while a woman’s lifestyle worsens dramatically and her level of finances decreases.
At the same time, the injured party has some leverage during the signing of final legal documents, for example, a refusal to sign a divorce agreement may put the injured party in a position of authority. A formal property sharing agreement before a divorce is sometimes very useful and helps protect the parties from further disputes and liability for each other’s new debts.
In addition, it is very important, regardless of the situation in the family, to always know and fully understand everything about the joint finances of the couple, including monthly expenses and debt obligations. The less you know, the more vulnerable you are. Creating your own spouse-independent account can also provide you with some level of peace of mind. These precautions should be taken, even if everything is good in your family, this will not cause discord, but in case of a break you will have a safety net.
If you didn’t have honest financial conversations with your partner, you should talk about this at any stage of the relationship. This will allow you to strengthen your honesty and understand the financial situation of your couple.
