When you love someone, it’s easy to want to take on the world with them. However, many married couples don’t anticipate having to deal with issues such as financial strain. At Simonetti & Associates, our divorce lawyer in Riverhead understands how devastating this scenario can be to a relationship. That is why we’d like to spend some time speaking about it and inform you of how we can help if this leads to divorce.
What Is Financial Strain?
In the simplest of terms, financial strain occurs when a couple’s economic output begins to exceed their income. Situations like this can quickly cause debt to pile up, which is never suitable for marriage. When there is not enough money to support a couple, it can lead to various issues in the relationship. These issues include:
- Increased anxiety and depression.
- Crippling stress.
- Distrust in your partner.
- Feelings of helplessness.
- Extreme irritability.
Common Causes Of Financial Strain
One of the worst parts about financial strain is that it can happen to couples who believe they have made all the right moves. No one is impervious to this taking place, and when it is through no fault of your own, it can make the effects on the relationship even more devastating. Some of the most common causes of a financial strain include our divorce lawyer in Riverhead would like to call out include:
- Loss of work and income.
- Bad investments.
- Not setting or sticking to a budget.
- Indulging in addictions (drugs, alcohol, gambling, etc.).
- Medical conditions.
- Unforeseen financial situations.
How Our Divorce Lawyer In Riverhead Can Help
If you’re unable to overcome the issues caused by your financial strain, a divorce could be in your future. To make this process as easy as possible, you’ll need to work with an expert legal team. Here at Simonetti & Associates, our divorce lawyer in Riverhead will work to make that happen. Examples of what we will help with include:
- Fairly distributing marital debts.
- Ensuring all assets are protected.
- Assisting with custody disputes.
- Reaching alimony and spousal support agreements.
While it is not impossible to overcome financial strain, sometimes it can be the death knell for a marriage. If this happens to you, don’t think you need to go through the next steps alone. At Simonetti & Associates, we’ll be there to help. Contact our divorce lawyer in Riverhead today and learn more about what could come next.