While the holidays mean happy family get-togethers and lots of quality time with loved ones for many, this is not the reality everyone experiences. Some couples might find the winter season fraught with stress as they deal with in-laws and spouses for an extended period of time. Whether one has already decided to end their marriage after the holiday season or the holiday season is the straw that broke the camel’s back, research has show that divorce filings surge in January.
Colorado residents, like those in the rest of the country, may be looking to start the new year with a clean slate. This is perhaps why experts claim they see a 25-30% in divorce filings in the first month of the year, every year. Others, however, claim that divorce is not nearly as common as we are led to believe. This may be because couples are now waiting longer to get married. While divorce rates, at 15.7 per every 1,000 married women in 2018, are down from their peak in 1979, a higher number of older Americans are getting divorced.
The addition of no-clause divorces has increased the economic advantage women have. A no-fault divorce is one in which neither party has to provide reasons as to why they are splitting up. It gives women the opportunity to escape from dangerous marriages and reduces domestic violence.
Research has also demonstrated people are marrying smarter. More and more, marriage is being considered an investment of both time and money. People have accumulated assets and debts throughout their marriage and relationship, which is why they are more likely to enter into a prenuptial agreement. These agreements also keep a family business out of the messy property division of a divorce.
A divorce, whether speedy or drawn out, can be an emotionally and financially draining experience. When one has made the decision to end their marriage, they might benefit from getting legal advice on how to best proceed, given their individual circumstances.