Many Texans may think that divorce rates are dropping, but the fact is that the opposite is true. Although studies show the rate deceasing by 2.2 percent, when everything is taken into consideration, the rate has actually increased by a whopping 40 percent. There are several factors that account for this dramatic rise.
One population contributing little to this increased rate is the young people – those in their 20s and 30s. This is because they tend to cohabitate and do away with marriage altogether. Although cohabitating reduces the marriage and divorce rates, these types of relationships rarely last long. Of men younger than age 26, more than 50 percent do not believe the relationship will be permanent.
The population that is contributing to high divorce rates is baby boomers – those born between 1946 and 1964. In fact, baby boomers have accounted for high divorce rates since the 1970s. Even those in their 50s, 60s and beyond are filing for divorces after decades of marriage. In addition, the economy has been going back and forth and when it improves, divorces tend to increase.
With divorce rates continuing to climb, couples need to be prepared for the worst. Although many people don’t want to even mention the thought of divorce, the reality is that is does happen — in fact, it happens more often than people think. Divorce legal issues can be emotionally and financially costly. Prenuptial agreements can help couples preserve assets in case their marriage does not last — a situation that, unfortunately, is commonplace in today’s world.
Source: Deseret News, “Divorce rates are higher than you might think, new research finds” Herb Scribner, Mar. 26, 2014