In the United States, the divorce rate is at a staggering 50% for first marriages, 67% for second and 73% for third marriages. The reasoning behind this can be attributed to many factors, including the fact that couples in second and third marriage have usually already had their children, which is one of the things that binds people together. Also, having lived through one or more divorces and come out the other side, they know that they have a viable exit strategy should things get too dicey.
This is not to say that there is no hope for second or third marriages, but when you are facing odds as steep as these, it makes sense to make a plan for what could happen and then put your energy and focus on creating a lasting relationship. There are a few things you can do that may help you and your partner beat those odds.
- Have a conversation about finances. Fighting about money is one of the leading causes of divorce. If conflict about money played a role in the demise of your current marriage, you may want to think about how you can change that dynamic in your new relationship.
- Prenuptial agreements. When you bring children from your previous marriage into your next marriage, you want to make sure that you are providing for their future. If you own a business, have real estate holdings or other significant assets such as a vested retirement account, a prenuptial agreement can protect the assets you have for the future your children deserve.
- Assessing your debt. Are you bringing any debt into your new marriage? Have you disclosed how much debt you have to your prospective spouse? Being honest about your debts can ease any tensions associated with paying the bills.
- Estate planning. You must update your estate planning documents and how you have designated beneficiaries. While you are going through your divorce and revising how your assets are titled, bear in mind that this will have an impact on your current finances and your estate planning with regard to your next marriage.
- Hire the best divorce attorney you can afford. Your divorce attorney could be the determining factor in what kind of divorce settlement you will walk away with. Take the time to interview a few of the divorce attorneys referred to you by friends and colleagues and ask them pointed questions about their experience with complex divorces. In this way, you can get the best possible attorney you can for helping you create a pre-nuptial agreement before you get married again.
Be mindful that divorce is a difficult, emotionally challenging and life-altering experience that you most likely do not want to repeat in your next relationship. Taking the time to plan, and spending some time alone to allow the wounds and the frustration from your divorce to heal, will stand you in good stead to begin a new marriage when the time is right.
If you are divorced and are planning to remarry, there are several things you will want to discuss with a knowledgeable Nashville divorce attorney. You are welcome to call the family law team at Miller Upshaw Family Law, PLLC today and schedule an in-person or video consultation. We can guide you toward making more sound legal decisions for your new life ahead.
Karla C. Miller has devoted her entire career to the practice of family law in Tennessee. She attended Auburn University and Nashville School of Law, and upon graduation in 1996, she opened her own law firm and has been assisting families throughout Tennessee since then. Learn more about Karla C. Miller here.