For women who are already wealthy, divorce only helped their financial portfolio. According to a survey by Spectem Group, 62 percent of women who reported a net worth of $1 million or more stated that they felt they were better off financially after they were divorced. That feedback is supported by a Pew Research Center report that found 20 percent of women reporting large income gains, in excess of 25 percent, after they divorced their spouse.<\/p>\n
However, for both wealthy and non-wealthy women alike, divorce can be financially ruinous; the separation of assets and alimony or child support can decimate a bank account. While there are no set steps someone can take to lessen the financial impact on their own bank accounts and secure a more solid financial future, there are several approaches they should take, according to Fairfax divorce lawyer Lisa McDevitt.<\/p>\n
“Divorce can be so emotionally upsetting and financially chaotic, (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" For women who are already wealthy, divorce only helped their financial portfolio. According to a survey by Spectem Group, 62 percent of women who reported a net worth of $1 million or more stated that they felt they were better…<\/span><\/p>\n