Posted: Friday 9 December 2011
Money matters!!
I noticed this recent article (http://www.bbc.co.uk/news/uk-16085175) about the rise of divorce rates in England and Wales. This is the first increase in divorce rates since 2003, almost 10 years. The increase follows years of divorce rates lowering, which may well have been attributable to more couples choosing to cohabit rather than marry.
The Office for National Statistics has commented that the rise in divorce may be linked to the recession. An increase in divorce was also evident in the aftermath of the previous recession in 1990-92. It is understandable when you consider the increased level of strain couples and families may find themselves under when trying to survive a recession.
Having said that, there are also arguments put forward that couples may try and see out a recession, waiting to separate when the economic climate has improved. They may find it difficult to sell assets such as the matrimonial home; without being able to do so may make it difficult to achieve a fair split of the matrimonial property. There may also be other financial considerations such as the prospect of subsequently having to fund two households.
Current statistics for the divorce rate in Scotland actually decreased over the same period. The number of divorces in Scotland fell by 3.2%, from 10,371 in 2009 to 10,034 in 2010.Are we more tenacious about our relationships or just “canny” Scots?
If you need any advice about divorce or separation please contact Fiona Sasan on 0141 274 1100 or Rhona Adams on 0131 247 1000.
