October 23, 2010 (Press-News.org) From incompatibility to infidelity, there are different reasons that couples decide to divorce. For many, however, money troubles appear to be the root cause of the couples' problems.
Statistics from National Marriage Project at the University of Virginia note that spouses who argue about money at least once a week are 30 percent more likely to divorce that couples who have money conflicts one to three times a month. With the current economic climate, money issues understandably take on a different level of significance for many spouses.
Communication Not a Priority
Communication may be one of the keys to a healthy marriage. Most couples, however, avoid this practice when it comes to talking about money. According to a recent poll conducted by American Express, 91 percent of those surveyed avoided discussing money issues with their spouse or significant other. The survey also indicated that half of all respondents made a purchase that their spouse was against, while 30 percent went so far as to hide purchases from their spouse.
A HarrisInteractive poll from 2005 showed a similar trend. Though 96 percent of those surveyed believed it was both partners' responsibility to help manage the household's finances, nearly 30 percent had lied to their spouse about money. One in four respondents from the Harris poll said honesty about money was more important that being faithful.
Post-Divorce Financial Issues
While not communicating about money issues or properly budgeting the family's money may have been a primary reason for the divorce, it is important to take the steps necessary to live on a successful budget after the divorce is final. Living off of one income, as opposed to two, can be a difficult transition for many people.
Debt from the marriage can also have a lasting effect on each person after divorce. It is important to ensure that any debt is distributed fairly; otherwise, one person can find him or herself shouldering a majority of the debt both parties helped create.
Working With an Experienced Attorney
Sorting out financial issues in a divorce and afterwards can be a complex process. If you are considering divorce, it is important to speak with an experienced family law attorney who can help you identify, value, and divide marital assets and liabilities fairly.
Article provided by Merlyn L. Meinerts
Visit us at www.meinertslaw.com
Financial Infidelity and Divorce
According to a recent poll conducted by American Express, 91 percent of those surveyed avoided discussing money issues with their spouse or significant other.
2010-10-23
ELSE PRESS RELEASES FROM THIS DATE:
Brooklyn Bicycle Accident Takes the Life of NYC Cyclist
2010-10-23
An accident in September took the life of a Brooklyn resident and dedicated bicyclist. A 23-year-old student who regularly rode her bike to work in Manhattan and elsewhere in New York City lost her life after a chain of circumstances that represents many urban riders' worst nightmare. An MTA bus struck and killed the young woman after she ran into a car door that had suddenly opened in her path.
The fatal bicycle crash occurred near the intersection of Washington and Atlantic Avenues, not far from the woman's Ditmas Park home. Notably, while conditions for NYC bicyclists ...
Medical Malpractice Claims a Small Price to Pay for Accountability
2010-10-23
A recent study published in the public policy journal Health Affairs provides important information about the costs of medical malpractice litigation and defensive medicine in comparison to the total cost of U.S. health care. Several researchers from Harvard University authored the study, which reveals that the medical liability system, a vital means for holding health care professionals accountable to accepted standards, amounts to only 2.4 percent of American health care expenditures.
In light of Health and Human Services (HHS) data showing that we spent $7,681 per ...
National Distracted Driving Summit Shares Creative Ideas
2010-10-23
The Second National Distracted Driving Summit revealed some important and creative ideas to combat the deadly problem of distracted driving in the U.S.
A variety of lawmakers, lobbyists, state and federal officials, law enforcement officers and safe-driving advocates attended the Washington, D.C. summit to share potential solutions to the dangers that distracted drivers create on our nation's roadways. Many Illinois residents trekked east for the event, including attentive-driving advocate Jennifer Smith.
The Deadly Distracted-Driving Problem
Smith, of Oak Park, ...
Nurses Agree to Settlement in Whistleblower Lawsuit
2010-10-23
After being fired and prosecuted for anonymously alleging improper medical treatment by a doctor to the state medical board, two Texas nurses agreed to settle a lawsuit against their former employer for $750,000.
Nurses Anne Mitchell and Vickilyn Galle began expressing concern about Dr. Rolando G. Arafiles, Jr. to their supervisors in 2008. After their concerns were ignored, nurses Mitchell and Galle filed an anonymous complaint with the Texas Medical Board alleging Dr. Arafiles had:
- Failed to diagnose a case of appendicitis
- Conducted a skin graft in the emergency ...
Consumer Bankruptcy: Understand the Law and Choose the Right Attorney
2010-10-23
The 2005 changes to the U.S. Bankruptcy Code were designed to make it more difficult for Americans to file for bankruptcy. Specifically, the changes were intended in part to push more individuals away from Chapter 7 Bankruptcy and toward Chapter 13 Bankruptcy.
The 2005 changes, however, seem to be no match for the current economic realities facing many Americans. Nor have the changes in the law substantially altered an individual's ability to file for bankruptcy protection.
In passing the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), Congress ...
Lloydspharmacy Reports Young Brits Blood Pressure Rising
2010-10-23
Lloydspharmacy has announced the publication of a new study that reveals 35 per cent of 16-34 year olds had high blood pressure readings.
The study, which involved 8568 people over the age of 16, showed that only one in four had an ideal or normal blood pressure reading. Alarmingly, four per cent of those under the age of 34 had readings which showed severe or very severe hypertension.
The average blood pressure for the UK gives cause for concern, with a reading of 140/86, pushing the country into the hypertensive category. Across the UK various pressure points were ...
National Trust Launches Online Guide to Autumn
2010-10-23
The National Trust has put together a new online guide detailing the best places to enjoy and celebrate autumn, the season of mellow fruitfulness and one of the most dramatic of the four seasons.
The new guide, called Awesome Autumn, includes information on everything to do with the season, from where to spot elusive red squirrels to tips on the best places to see autumn leaves and capture the rich gold, orange and red shades on camera. It is available on the National Trust's website. National Trust wardens, rangers and gardeners will be providing regular updates and ...
Experian Advises Keeping Friends Close But Fraudsters Closer
2010-10-23
Experian, the global information services company, has revealed that family frequently comes under suspicion in cases of fraud and that one in three victims claim to know the identity of their fraudster. Those with the easiest access to personal details are amongst the most likely to be accused in cases of identity fraud.
More than 5,000 identity fraud victims sought help from Experian in reclaiming their identities in 2009. Experian's analysis shows that one in three fraud victims (31%) claimed to know who hijacked their identity and of those, over two thirds (69%) ...
PersonalizedStorytimeBook.com to Donate Children's Books to Sparrowbush Fire Department
2010-10-23
On October 24, 2010, those attending the Sparrowbush Fire Department's penny social may win a truly unique prize. PersonalizedStoryTimeBook.com will be donating personalized children's books to Sparrowbush Fire Department's penny social event to help them reach their fund-raising goal.
"When Danielle Glynn approached us to see if we were interested in donating, without hesitation, we offered to help the local fire house to meet its goal," said Kevin Andersen, owner of www.PersonalizedStorytimeBook.com. "We're more than pleased to help Daniel and the fire house in their ...
DePuy Hip Recall Likely to Spur 1000s of DePuy Hip Lawsuits
2010-10-23
The recent DePuy hip recall has already spurred hundreds of DePuy hip lawsuits alleging that the manufacturer made a defective product and knew about heavy metal toxicity issues, but waited far too long to institute a recall. As a result, thousands of product liability lawsuits are expected to be filed against DePuy Orthopedics and its parent company Johnson & Johnson (J&J).
DePuy ASR Hip Replacement Systems Are Defective
The August 2010 DePuy hip recall of its ASR Hip Resurfacing System and ASR XL Acetabular System has caused countless numbers of injuries to the ...
LAST 30 PRESS RELEASES:
Short-circuiting pancreatic cancer
Groundbreaking mapping: how many ghost particles all the Milky Way’s stars send towards Earth
JBNU researchers propose hierarchical porous copper nanosheet-based triboelectric nanogenerators
A high-protein diet can defeat cholera infection
A more accurate way of calculating the value of a healthy year of life
What causes some people’s gut microbes to produce high alcohol levels?
Global study reveals widespread burning of plastic for heating and cooking
MIT study shows pills that communicate from the stomach could improve medication adherence
Searching for the centromere: diversity in pathways key for cell division
Behind nature’s blueprints
Researchers search for why some people’s gut microbes produce high alcohol levels
Researchers find promising new way to boost the immune response to cancer
Coffee as a staining agent substitute in electron microscopy
Revealing the diversity of olfactory receptors in hagfish and its implications for early vertebrate evolution
Development of an ultrasonic sensor capable of cuffless, non-invasive blood pressure measurement
Longer treatment with medications for opioid use disorder is associated with greater probability of survival
Strategy over morality can help conservation campaigns reduce ivory demand, research shows
Rising temperatures reshape microbial carbon cycling during animal carcass decomposition in water
Achieving ultra-low-power explosive jumps via locust bio-hybrid muscle actuators
Plant-derived phenolic acids revive the power of tetracycline against drug-resistant bacteria
Cooperation: A costly affair in bacterial social behaviour?
Viruses in wastewater: Silent drivers of pollution removal and antibiotic resistance
Sub-iethal water disinfection may accelerate the spread of antibiotic resistance
Three in four new Australian moms struggle with body image
Post-stroke injection protects the brain in preclinical study
Cardiovascular risk score predicts multiple eye diseases
Health: estimated one in ten British adults used or interested in GLP-1 medications for weight loss
Exercise to treat depression yields similar results to therapy
Whooping cough vaccination for pregnant women strengthens babies’ immune system
Dramatic decline in new cases of orphanhood in Uganda driven by HIV treatment and prevention programs
[Press-News.org] Financial Infidelity and DivorceAccording to a recent poll conducted by American Express, 91 percent of those surveyed avoided discussing money issues with their spouse or significant other.