A divorce will change your standard of living, it's just a matter of how much. Married couples get financial perks like shared costs–one phone bill, shared utilities, housing costs etc. After a divorce these costs are no longer split so expenses rise for both parties.
This issue is made even worse for men losing income to support payments. Census data shows that men make up only 7% of parents receiving child support payments.1 While child support is only one form of support, it’s clear who’s paying and who’s receiving–apart from same sex divorces.
When it’s all said and done, 11% of recently divorced men live in poverty2 and 17% of custodial fathers live in poverty.3
This is why Divorce Analysis advocates for maintaining our clients’ standard of living post-divorce. Your divorce is already a huge burden on yourself and your family, we want to bear some of the financial burden by strategizing for your best outcome. We’ve developed tools and resources to help you at whatever stage of divorce you’re at.