Divorce: Principal Financial Considerations

Divorce: Principal Financial Considerations

November 29, 2008 by Ron Fields  
Published in Marriage

The complex financial considerations of divorce can be separate into three main categories: the division of the spouses’ property; support for the non-wage earning or lower-wage earning spouse; and child support. There are two main legal traditions governing divorce in the United States: the equitable distribution and the community property traditions. These two traditions provide different outcomes for divorcing spouses.