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Study says financial disagreements are key predictor of divorce

There are a number of factors that frequently lead to divorce here in Gwinnett County. Strong differences of opinion over childrearing or religion are commonly thought of as divorce triggers, as are infidelity and domestic violence. A recent study found that the most common predictor of divorce is financial disagreements.

The research indicates that employment status specifically has a significant impact on the future of a marriage. While the researchers did not find that a woman's employment status has any impact on her husband staying or leaving, marriages can be very strained by a man's lack of employment or underemployment.

The researchers believe that this is because it has become quite common in society for women to work outside of the home, but it has not become quite as acceptable for men to do the opposite. So, if a disparity exists between a woman's earnings and a man's earnings, the union may be compromised for some.

Disputes over money also frequently lead to divorce.

Regardless of whether financial or other disagreements lead to divorce, any divorce brings with it significant financial changes for both parties. This is because, in a way, ending a marriage is like breaking up a business partnership--what were once shared assets and liabilities now must be split into two. In a divorce, there may also be issues of spousal or child support.

In order to close the chapter of marriage and begin anew, it is important to seek legal counsel to ensure that a fair distribution of property, assets and debts is reached. By ensuring you leave your marriage with everything you are entitled to, you will be on better footing for your new beginning.

Source: USA Today, "Money Quick Tips: Job loss and marriage," Regina Lewis, Jan.26, 2013

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