For couples in Austin and throughout the country, January is becoming known as Divorce Month. This isn’t necessarily as nice as its official nicknames of Blood Donor Month and Mentoring Month but appears to be accurate, if deciding to split up or at least researching one’s options are included in the definition of divorce.
A legal website’s look at U.S. divorce filings showed that partners seeking splits jumped in January, then rose until hitting the year’s high in March in the data from 2008 to 2011. The same trends were seen for Internet searches for terms related to dissolving a marriage. One family law attorney said that the timing of these spikes may have to do with not wanting to appear cold or heartless during the holiday season. Once that season is over, however, the data seems to show that spouses waste no time getting the divorce process started.
Another reason could be that husbands and wives don’t want to miss out on bonus season, when one or both partners may expect a bump in income that they don’t want to lose. Also, the tax year ends on Dec. 31, so filing one last return together with divorce in mind may be easier for couples than trying to disentangle the whole year’s financial decisions made thinking they would remain together.
The end of a marriage can be difficult emotionally and financially. Some couples may put off filing for divorce because they dread the complex property division tasks ahead of them. In a high-asset divorce or splits in which alimony or child custody may be issues, a legal professional may be able to provide valuable assistance.
Source: CNN, “In January, ‘ex’ marks the spot“, Sarah LeTrent, January 17, 2014