Pandemic vs Divorce

Social distancing is ought to be applied to money when relationship soured. Not according to personal financial magazine. This is their advise to their female readers:

Don’t divorce when your spouse is out of work

Why?

“Courts primarily consider earned income or compensation from an employer or business to calculate child support and spousal support. It may be wise to wait to start proceedings if your spouse is one of the 17.3 million people receiving government aid because they were laid off or furloughed. “

Marriage is like a game of chess – one wrong move and you lose your wallet. Therefore, I won’t waste your time telling you whether, or not you should proceed with your divorce. However, you ought to start preparing for such eventuality the moment such a thought occur in your head. Cause you can be damn sure you partner mostly likely thinking the same way.

The fact of the matter is, court system is not there to support you. Therefore, if you were thinking about it prior to global pandemic than this will either solidify your decision, or you need to work on your communication. This would be a good to get financial house in order, and perhaps do DNA test — and if it turns out you are not the father — start preparing for separation without starting a fight! Every little conflict means more money for the other side!

The only time I will advice for divorce if you are living in places like California – where you will end up paying lifetime alimony passing 10 year mark — it’s better to get divorce than paying for rest of your life. Even so this decision is ought to yours and yours alone. Also be vigilant. Your partner might be waiting i the wing for you to get a good job so you can pay more child support, and alimony.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s