Ending a marriage can have a huge financial impact on a person's life. Divorce in Connecticut can lead to the loss of assets already owned as well as the assumption of future financial obligations in the form of child support and spousal support. With careful planning, one can minimize the negative effect of divorce on one's financial status.
When young people think about heading off to college in Connecticut there are so many exciting experiences that cross their minds. They think of parties, new friends, fraternities and sororities and even a little about getting a degree. What many don't consider is the amount of debt that they will accrue and the impact that debt will have on their lives. College is extremely expensive, and without a scholarship to help ease that burden, it can have a negative impact on the student's future. Studies show that student debt is a factor in the divorce of a significant number of former college students.
People experience a broad range of emotions when dealing with an upcoming divorce. One of the most common is embarrassment or shame. It can be humiliating to think about needing to tell your family, friends and coworkers about the fact that your marriage is over. It can make you feel like a failure, even if you did everything in your power to keep your marriage functional and healthy.
It is only natural that the majority of the planning during a divorce goes into the one most important product of a marriage, the children. Child support agreements are a vital part of the divorce process. Over time, there may be situations that arise that cause a modification to this carefully planned agreement to be necessary. In Connecticut, there are a few basic circumstances that may cause a family court to approve an adjustment to an existing child support agreement.
In order for children in Connecticut to better deal with the stresses of divorce, they need to come to the table armed with a skill set they have developed over time. Parents should work with their children from a young age to instill in them certain traits that will assist them in dealing not only with the stresses of divorce but also other challenges they will face throughout their lives. A well-known pediatrician and author compiled a list of seven "C" skills that he says are imperative to promoting resilience in children.