Weinman & Associates
Family Law Answers Now: 512-472-4040
  • Home
  • About
    • Daryl G. Weinman
    • Barb Rowan
    • Rachel Messer
    • Miguel Castillo
    • Jason M. Bailey
    • Tracy Todd
    • Melissa Kocian
  • Practice Areas
    • Family Law
    • Divorce
    • Property Division
    • Child Custody
    • Child Support
    • Criminal Defense
  • Podcast
  • News & Media
    • Articles
  • Testimonials
  • Blog
  • Contact
Weinman & Associates
512-472-4040
  • Home
  • About
    • Daryl G. Weinman
    • Barb Rowan
    • Rachel Messer
    • Miguel Castillo
    • Jason M. Bailey
    • Tracy Todd
    • Melissa Kocian
  • Practice Areas
    • Family Law
    • Divorce
    • Property Division
    • Child Custody
    • Child Support
    • Criminal Defense
  • Podcast
  • News & Media
    • Articles
  • Testimonials
  • Blog
  • Contact

Practicing Family Law With Heart For More Than 30 Years

  1. Home
  2.  » 
  3. Divorce
  4.  » 
  5. Why is divorce more likely when the economy is doing well?

Why is divorce more likely when the economy is doing well?

On Behalf of Weinman & Associates, P.C. | Jun 9, 2019 | Divorce

Financial anxiety and disagreements over money are among the primary causes of marital problems. In a study last year by Northwestern Mutual, over 40% of the 2,000 people surveyed said that financial anxiety impacted their marriage or relationship with their significant other.

However, it’s not just couples who are financially insecure whose relationships suffer. In fact, the American Academy of Matrimonial Lawyers says that the divorce rate increases during periods when the overall economy is strong.

Part of the reason for that may be in times of economic prosperity, more people see divorce as an option. As one attorney, who used to head that group says, “Essentially, people feel there’s more money left over after they dissolve their marriage and split up the spoils.” He adds, “It’s easier to write a check for $5 million when you have $10 million than it is to write a check for $50 when you have $100.”

If couples are barely making ends meet, they may be more likely to stay in an unhappy relationship than risk even greater financial insecurity that a divorce would bring. They may also feel like they simply don’t have the money necessary to go through with a divorce.

Couples who are wealthy or even comfortably well-off may find that dividing their property can be complicated. In community property states like Texas, where marital property is generally divided 50-50 in a no-fault divorce, if one spouse feels they’ve contributed significantly more to amass that property than the other, having to divide it in half can be a bitter pill to swallow.

A prenuptial or postnuptial agreement can help people keep more of the assets they’ve contributed to the marriage if it ends. An experienced family law attorney can provide valuable support and guidance as you go through the divorce process, regardless of your financial situation.

Recent Posts

  • What constitutes interfering with child custody in Texas?
  • Divorcing a spouse who lives in Mexico
  • Top 7 Things To Know Before Getting A Prenup in Texas
  • What are the fiscal implications of a legal separation in Texas?
  • Are marriages in other countries valid in the United States?

Archives

Categories

RSS Feed

Subscribe To This Blog's Feed

Talk To Us About Your Family Law Case

To schedule a consultation, call 512-472-4040 or send an email by submitting this form.



11734A Schriber Road
Mustang Ridge, TX 78610

Austin, Texas Office



Phone: 512-472-4040

Pay via Law Pay
  • Follow
  • Follow
  • Follow
Review the Firm

© 2025 Weinman & Associates, P.C. • All Rights Reserved

Disclaimer | Site Map | Privacy Policy | Business Development Solutions by FindLaw