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Divorce Archives

Divorced spouses might get additional retirement benefits

Leaving a marriage often means making financial sacrifices, especially for spouses who didn't earn a lot of money prior to their divorce. The social security system has a safeguard in place to help divorced retirees avoid poverty. Ohio divorcees who meet the criteria may be able to increase the amount of their monthly social security entitlement when they retire.

Identifying the signs of parental alienation

Ohio residents who are contemplating divorce or going through the process of divorce may be interested in learning about the signs of parental alienation. Parental alienation is a term used to describe parents who try to turn their child against their ex-spouse. Contrary to what some may believe, a parent does not need to be the primary caregiver to be involved in parental alienation. Their pathological personality might stonewall their ex-spouse, thereby limiting the amount of time their children get to spend with them.

Retirement accounts and divorce

Some Ohio couples that get a divorce might need to divide a retirement account. There are regulations that govern how these accounts are taxed and penalized during withdrawal that must be observed.

Protecting business assets during a divorce

Ohio residents who are getting divorced will need to negotiate a divorce settlement. A major asset they might find themselves negotiating over is a business if either they or their former spouse own or co-own a business. Because not being properly informed about the true value of a business can have deep financial repercussions later on, it is best for divorcing residents to educate themselves about this as early as possible in the divorce process.

When a divorce is the right decision

When an Ohio couple gets a divorce, it could have an impact on any children they may have. In fact, it could result in that child having emotional problems as well as an increased likelihood of not going to college. Children who have parents that got divorced are also more likely to get a divorce themselves. However, it may be best to end a relationship if there is abuse or if the children can see that the relationship is fatally flawed.

Risk factors for divorce

People in Ohio who get married in their late 20s may have a lower divorce rate than those who marry in their teens or after their early 30s. Studies have also found that a larger age gap between spouses raises the likelihood of divorce. A number of studies have also identified other factors that may contribute to divorce.

Why Ohio couples divorce

The Centers for Disease Control and Prevention reports that by the fifth year of being married, a divorce, death or separation will affect the marriages of 22 percent of couples in Ohio and the rest of the country. For couples who have been married for at least two decades, the rate for the disruption of a marriage increases to 53 percent. While there can be multiple contributing factors, there are some main reasons why couples choose to get a divorce.

Studies identify factors that may lead to divorce

Divorce might be more likely for Ohio couples who spent more than $20,000 on their wedding than for couples who spent less than $1,000. Studies have identified this and a number of other factors related to the stability of marriages. Couples who are more attractive or whose alcohol consumption differs are also more likely to get a divorce.

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