A recently released study sheds an interesting light on the ways that California families shifts according to the economy. The study looks at data on divorce rates from 1978 to 2009, and compares those numbers against unemployment data from the same years. Researchers discovered a trend that suggests that couples will stay together during tough economic times, and will divorce more often when times are easier.
A recently released report suggests that California couples who are considering divorce should pay close attention to the timing of their filing. The decision on when to file for divorce may have significant ramifications for both spouses if they are approaching their 10th wedding anniversary. This is because the minimum duration of a marriage that entitles a spouse to claim a share of his or her former partner's Social Security benefits is 10 years.
When divorce is on the horizon, many California spouses feel overwhelmed by the sheer number of changes that are imminent. It can be difficult to know where to start, and some spouses simply shut down and fail to address important issues in a timely manner. When it comes to finances, however, taking a well-informed and proactive approach can mean the difference between future financial stability or failure following a divorce process.
California residents may believe that divorce is more common among younger couples, and that those marriages that have reached the 20 year mark or beyond are likely to go 'till death do us part.' Recent research suggests, however, that older adults are filing for divorce at ever-increasing rates. The Wall Street Journal recently reported the results of one study that claims that one of every four individuals who divorce is over the age of 50.