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Posts tagged "Divorce"

Why people get a divorce

Minnesota couples know that marriage can be hard work and that many end in divorce. The Centers for Disease Control and Prevention reports that 22 percent of couples who have been married for five years will go through a marriage disruption in the form of a death, separation or divorce. For couples who have been married for at least 20 years, that figure increases to 53 percent. With regard to divorce, there are several reasons why couples way opt to go their separate ways.

Asset protection is possible without prenup

While prenuptial agreements are one of the best tools when it comes to protecting assets in case of a divorce, many people are hesitant about them. Fortunately, there are ways for Minnesota residents to protect their assets without a prenup. First, a couple does not need to discuss finances just in relation to prenups. Instead, a couple can assess how to handle finances when marrying.

What increases the chances of a divorce

Minnesota residents that are considering getting married should know that there might be certain risk factors that can increase their odds of getting a divorce. These criteria are not direct causes of divorce, nor should they be used to assume that a divorce will definitely occur. However, it is important to understand how such factors may make the hard work needed to make a marriage succeed even more difficult.

Divorce may be less likely for couples who meet online

For people in Pennsylvania planning on finding a true love connection, online dating may be the way to go. From Tinder to Plenty of Fish to OKCupid or Match, online dating sites have proliferated as smartphones and tablets offer constant access to an array of apps and websites.

Why late-in-life divorces can cost so much

It isn't unusual for older couples in Minnesota to get divorced. Their reasons vary but may include the fact that some empty nesters find they have little in common after their children are grown. Regardless of the reason, they often have unique concerns when their marriage comes to an end.

Divorce in Minnesota

Divorce can have a dramatic effect on a Minnesota couple's finances. This is especially true for those who make the wrong decisions. While it might be something that people will want to leave to their attorney or financial professional, it is important for them to make sure they understand all the implications and consequences of their decisions.

Bartenders and travelers have highest divorce rates

Minnesota couples may be interested to know that the old stereotype that bartenders have the highest divorce rates might be true. According to data from the 2015 American Community Survey, those who are employed in fields that involve the nightlife or travel, like shipping and transportation jobs, that prevents them from being home for long periods of time are more likely to get divorced than others.

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