Research shows that members of the millennial generation in San Antonio are not getting divorced at the same rate as their parents did. In fact, this generation has fueled a 24% drop in the divorce rate since 1981. Experts predict that this decline will only continue during the next few decades.
While millennials tend to get hitched later in life than previous generations, many are coming to marrying age. According to a survey conducted by the American Academy of Matrimonial Lawyers, 51% of lawyers report an increase in the number of millennials getting prenuptial agreements. This generation now accounts for the largest population requesting prenuptial agreements.
When people get divorced in San Antonio, it is natural for them to be concerned about their finances. The reality is, the decisions made during divorce can have long-term implications -- good or bad -- for an individual's financial situation after the divorce. Fortunately, a few tips may help divorcing individuals to make wise financial decisions that will help them in the long run.
Going through a marital dissolution is far from a simple process due to its complex emotional and practical aspects. This is the case even if two spouses were married for just a few years versus a few decades. Still, a handful of steps can help with navigating even the most complicated divorce proceedings in San Antonio.