"Summer's Economic Strain Amplifies Divorce Rates"

Divorce filings tend to peak in March and August, and with the current economic volatility, couples are facing additional challenges when it comes to dividing assets. Selling a house in a cooling market, refinancing mortgages, appraising collectibles, valuing stocks and retirement assets, predicting income in the gig economy, and dividing debt and student loans are all factors that need to be considered. Inflation can also impact divorce by postponing it and reducing the buying power of spousal and child support. It is important to plan for various financial scenarios and consider the long-term implications of the divorce settlement.