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Posts tagged "Divorce"

Divorce acn be financially harmful

From a statistical standpoint, five out of every ten married individuals get divorced at some point in their lives. To make matters worse, divorcees who decided to take another stab at it have a higher chance of breaking their vows yet again, and matters are just worse for those who try to take a third swing at marital life. With that being said, citizens of Texas should be aware that several experts advise married couples to do their best at making their marriage work rather than resorting to the divorce courts at the first sign of trouble.

When one spouse is the more attractive partner

People in Texas looking for a romantic relationship may find that physical attraction is one of the most significant factors drawing them to a partner. On dating sites, people report that they message people up to 25 percent more attractive than themselves. While people may have widely variant views of which traits are the most physically attractive in a partner, social beauty standards can play a significant role in how people view themselves and others, even far outside the realm of dating. Many people find themselves in long-term relationships with people of approximately equal attractiveness, but other couples show a wide gap in their physical beauty.

Solving debt issues may reduce divorce risk for couples

Not many couples seeking a divorce in Texas cite money problems as their main reason for splitting. Even so, a Couples & Money survey conducted by a financial services company notes that more than half of all couples begin relationships with existing debt, and 40 percent say this burden ultimately has a negative impact on their partnership. Couples also tend to disagree over who is responsible for the marital debt. If paying down debt is a priority, partners often experience issues with lack of communication that may further compound problems.

401(k) asset division in divorces

Couples seeking divorce often wonder how 401(k) assets are split. Texas is one of the states that follows community property standards, meaning the 401(k) is legally viewed as joint property owned by both people. In these cases, the court will generally split the 401(k) equally. While this is straightforward, community property standards mean the 401(k) is split regardless of who earned it.

Study suggests living together pre-marriage boosts divorce risk

Couples in Texas sometimes prefer to test the waters and live together before making the decision to get married. While there is a certain logic behind this type of arrangement, a new study on premarital cohabitation and divorce suggests that couples opting to go this route are more likely to end up not living so happily ever after. For the study, researchers evaluated several decades of data from U.S. women in their first marriages who were 44 or younger. Their findings appear to validate what's termed the "premarital cohabitation effect."

How finances can end a relationship

In a recent SunTrust Bank survey, 35 percent of respondents said that money was a major point of relationship conflict. This is probably not a surprising statistic to most Texas couples. However, the relationship effects of money become more nuanced as data is further analyzed.

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