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December 8, 2010

How to afford that divorce you both want

You can say one thing about celebrity train wreck marriages: Those famous can afford to make big fat divorce settlements and move on.

That’s not so true for most everyday people. In fact, tough economic times are making it difficult for some troubled couples to split up at all. More couples are continuing to cohabitate even as they break up their marriages, because they can’t dump their houses. Spouses worried about the weak job market don’t want to sign on to costly alimony agreements and can’t see paying lawyers tens of thousands of dollars either. They can’t even bring themselves to talk about paying for braces and tuition bills that may be a decade or more in the future and seem insurmountably high.

Yet staying together for the sake of the MasterCard bill probably isn’t the best way to go either.

via How to afford that divorce you both want | Reuters.

posted to Divorce,Mediation @ 11:31 am

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