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divorce Archives

How divorce can negatively affect credit scores

Divorce can be hard on credit scores for some people living in New York. It is the things that happen as a result of a divorce and not the divorce itself that causes a decrease in credit score. Debts may be split as part of a divorce decree, but if a person's name remains on the debt, this is whom creditors will pursue regardless of what the couple agreed on.

Bezos marriage ends amicably even when dividing large assets

New York residents interested in business and entertainment news may have heard about the divorce of Amazon power couple Jeff and Mackenzie Bezos. The couple reached a settlement agreement that has the potential to be the biggest the world has ever seen.

Grey Divorce is a Growing Trend in America

In New York, a trend called "grey divorce" has been steadily growing. A grey divorce refers to an older couple who files for divorce after many years of marriage. Statistics show that more couples in their 50s are getting divorced. Synonyms for the term "grey divorcees" include "silver splitters" and "diamond splitters." The terms refer to older couples with grey or white hair.

Infidelity, substance abuse and money woes motivate many divorces

Many issues drive New York spouses to get divorced. Poor communication skills, lack of commitment, health problems and domestic violence end many marriages. Extramarital affairs, drinking, drug use or financial stress represent some other common reasons for divorce. In one survey, infidelity and substance abuse emerged as "final straws" that forced people to end their relationships.

Study examines effects of illness on a marriage

When women in New York develop cancer, heart disease or other serious health conditions, their divorce risk goes up. According to a 2015 study that appeared in "The Journal of Health and Social Behavior," the same divorce risk is not shared by men who suffer from health problems.

How social attractiveness could affect a relationship

For people in New York beginning a relationship, physical attraction to a new partner may be one of the most compelling aspects that bring two people together. However, some couples have wide differences in their levels of attractiveness, at least insofar as they are perceived by others. While people have widely variant understandings of which traits are the most physically attractive, social standards of beauty may have a significant impact on how people are treated in romantic relationships. Several researchers have conducted studies to examine how an attractiveness gap may affect the happiness or longevity of a relationship.

Saving on taxes after divorce

Individuals in New York who have recently been divorced could see their tax deductions drop dramatically. While marriage does include a lot of nice tax breaks, it's possible for divorcees to save money by filing as a head of household instead of as single.

Certain traits may lead to divorce

No one is perfect, and a person's bad habits can play a role in straining or ultimately ending his or her marriage. However, there are certain personality traits that may predict whether a couple in New York or elsewhere is likely to get divorced. For instance, if one or both parties to a marriage tend to dramatize small events, it can become a problem in a relationship.

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