From allegations of infidelity to a couple’s relationship simply not working anymore, there are many reasons people file for divorce. In Houston, and other parts of Texas, many people continue to find themselves in this position. If you are preparing for divorce, or are going through the process right now, knowing how many other people are in the same situation as you may make you feel as if you are not alone. Moreover, each divorce case has unique details and the end of a marriage can be especially challenging for certain people, such as those who have a high net worth.
According to data that was published by the Centers for Disease Control and Prevention, there were more than 813,000 divorces in the U.S. during 2014. Put another way, out of every 1,000 people, 3.2 filed for divorce. Even though divorce is not uncommon, some people are hesitant to split up with their spouse for various reasons. Whether they are worried about how much child support they might be required to pay or how the court will decide to distribute marital property, some people worry about the financial consequences of bringing their marriage to an end and other family law matters, such as the custody of a child.
If you are considering a high-asset divorce, it is essential to have a solid understanding of any legal issues you may face and be prepared for the potential outcome of a divorce. While these matters can be stressful, many people have found a fresh start afterward.