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January 14, 2011

Stern Advice: Adult children of divorce face extra burdens

Children often have it rough when their parents divorce, but grown up “kids” may have it even rougher.

Adult offspring whose parents split up later in life face the usual and expected psychological issues: “They may feel like ‘everything I thought was real, isn’t,'” says Diana Mercer, an attorney-mediator and author of several books on divorce.

But they also face a series of financial challenges that their cohort with married parents don’t have to deal with, Mercer said. Young adult children of divorce may find their college fund ravaged; they may see their family home fall into the hands of Dad’s new girlfriend or Mom’s new guy. They may feel financially responsible for their parents at an early age, and have to care for single aging parents who won’t take care of each other.

via Stern Advice: Adult children of divorce face extra burdens | Reuters.

posted to Divorce,Mediation @ 11:37 am

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Three in 10 Americans commit financial infidelity? | home | The Time-Lapse Divorce