Brooklyn

There’s one reality that many divorcing couples find difficult to grasp: Divorce can have long-lasting effects on finances. That’s why it’s so important to maintain a comprehensive understanding of your financial situation during the process.

It’s no secret: Divorce proceedings are tough. During a split, people discuss many areas of their lives that are emotionally charged, including children, money, property and belongings. Although most people going through a divorce are in the same boat, there is a right way and a wrong way to behave during the process.

Every child is different, and there is no telling exactly how anyone will react to a divorce. A child’s response typically depends on several factors, including his or her emotional age, the specifics of the divorce and how much the separation affects daily life.

There are many areas of law that involve significant amounts of money and disputes over possessions. What makes going through a divorce so difficult is the emotional weight behind ending a relationship. The held-over anger and resentment from years of marriage makes every part of the process difficult.

When it comes to marriage, money is an ever-present issue. Dividing the assets comes down to dollar amounts, and child support often accompanies child custody decisions. Money may also come into play before the divorce.

Did you know that until 1966 the only acceptable grounds for divorce was adultery? Before that time, most other states allowed divorces after cruel behavior, but New York remained stubborn.