High asset divorce benefits from changing social mores

Nelson Rockefeller faced an uphill battle as a presidential candidate in the 1960s due in part to the fact he was divorced. For many years, people in California may recall, many Americans thought that divorce, whether a high asset divorce or one of more modest means, was morally unacceptable. Of course, this has changed over the years. Now, nearly two-thirds of all Americans are okay with people having gone through a divorce.

California is well-known as a leader in progressive laws on many subjects. This includes high asset divorce and other family law matters. In fact, the state was among the first to allow a no-fault divorce ,which benefited many who had assets that could have been affected by the determination of fault. By the end of 1985, 49 states across the country had followed California’s lead.

Now, as thoughts regarding the end of a marriage have shifted across the nation, people, including politicians, have found society more accepting of past relationships. And some who have high asset divorce cases have also found that through preplanning and prenuptial agreements, the changing social mores can be a benefit. In fact, even religious leaders like the Pope are now more accepting of the ending of a marriage. Recent numbers suggest that over three-quarters of all Catholics are accepting of the process. 

Whether one is facing a high asset divorce or one of more modest means, the proceedings can be a challenge both emotionally and financially. The sometimes-difficult process typically confronts such issues as property division and parenting plans. Many find it helpful to seek the advice of experienced professionals. This advice can help to ensure that the outcome of a divorce is comprehensive and fair.

Source: hotair.com, “Americans increasingly OK with divorce, but actually doing it less”, Andrew Malcolm, July 9, 2017

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