Latest news about women and divorce: Women hit harder by divorce than men (especially financially)
A recent report by ABC news posits that women are hit harder by divorce than men. Especially economically. For some reason, after a divorce (this is hardly a big shock) women have fewer financial resources than they did during marriage and their standard of living drops by nearly 50%, on average. That could mean a loss of custody since some divorce courts believe that the children are better off with the more financially stable parent. Here’s the ABC news article, in part:
Women are often hit harder than men, as they try to navigate new lives with fewer financial resources, more child-care responsibilities and the challenge of dating again.
One report in Marie Claire magazine said a woman’s quality of life drops 45 percent after divorce.
Stacy Schneider, a lawyer and author of the 2008 book “He Had It Coming: How to Outsmart Your Husband and Win Your Divorce,” says women mistakenly wait to make a clean break from their husbands before they figure out their finances. She sees many women emotionally “going to pieces” and “wimping out” when it comes to protecting their property rights.