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.
Individuals who are getting divorced in New York are facing a relatively modern challenge when it comes to determining how to divide assets. Cryptocurrencies are creating a unique issue for divorce attorneys.
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.
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.
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.
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.
Emotions and realities about money can make some divorce-related decisions difficult. In particular, choosing what to do with the family home can be a challenge. Whatever a New York couple decides, it's important that they avoid two common errors.
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.
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.
Student loan debt imposes a crushing burden on lots of New Yorkers, especially millennials. While many people are aware of the devastating impact educational debt can have on a borrower's financial well-being, fewer may recognize the role that it can play in undermining marriages. Financial disputes are among the most common reasons for marital problems, and the substantial burden of student loan debt is often no exception, according to one recent survey by Student Loan Hero.