Divorce can lead to many financial challenges, and this is true for women in particular. Women already make less than men on average, and after a divorce, their incomes are more likely to drop than men's incomes, which often increase. At 27%, the poverty rate for divorced women is three times higher than it is for men. Women are also still awarded custody the majority of the time, and this can cause additional financial worries.
Financial tips for women facing divorce
Tips to raise children when their other parent is toxic
Co-parenting with a toxic ex-spouse may be challenging, but it might be possible for Colorado parents to raise emotionally healthy children after divorce if the parents are committed to it. In some cases, simply living apart may make it easier to deal with inappropriate or immature behavior from a former spouse. These tips might help a parent focus on their children instead of their ex.
How to parent from hundreds of miles away
Colorado parents may spend days, weeks or months separated from their children. However, this doesn't mean that a parent can't have a quality relationship with a son or daughter. One way to stay in touch is to send letters or postcards on a regular basis. They should have supportive or funny messages that a child will look forward to reading. Those who have multiple children can address a single letter or postcard to everyone in the same house.
Red flags that indicate a marriage may end in divorce
The decision to get a divorce can be overwhelming for many Colorado couples. The process might be easier for many if there was one sure sign that divorce was the best option. Usually, there are many factors at play. Here are a few red flags indicating that a marriage could be heading for divorce.
How can women prepare financially for divorce?
If you are a woman in Colorado considering or going through a divorce, there are many things that you must contemplate, including whether you can stay in your home or must relocate. When there are children involved, custody and support agreements need to be negotiated. And whether you have a successful career or are a stay-at-home mother, you no doubt have some concerns about your fiscal situation. You may be asking yourself, what can a divorcing woman to do ensure a safe financial future?
How a divorce affects the kids
Parents in Colorado should consider what the breakup may do to their kids. The effects vary depending on their ages, and if parents have an idea of what the consequences are maybe that will help them do a better job of helping the kids cope.
Back-to-school is the perfect time to review parenting plans
A new school year can be exciting for kids in Colorado as they buy new supplies, plan to reunite with friends and sign up for new activities. This is also a good time for divorced parents to review their parenting plan and make changes according to everyone's new schedules.
Tips for divorce mediation
Couples who are going through a divorce in Colorado and want the process to go as smoothly as possible may want to consider mediation. This has a lot of advantages and is usually much less expensive than going through the litigation process. For mediation to work well, it is best to follow certain tips and advice from experts.
Does establishing paternity ensure child support or visitation?
Having a child in Colorado outside of wedlock may make some parentage issues complicated. If you have a child while unmarried or if your husband is not your baby's natural father, you may want to go through the steps to establish legal paternity. While establishing paternity does not by itself provide you with child support, it may make it easier for a court to order support sometime in the future. There are also several other potential benefits to establishing paternity.
Can you prevent divorce?
Couples in Colorado who are going through rough times may think the only option is divorce. Experts identify a number of signs that indicate a divorce may be down the road, but if couples recognize the signs and take certain steps, they can reverse the direction their relationship is going and hopefully prevent a split up.
