Divorce is taking longer
December 27, 2017 3 comments
While the overall divorce rate may be in decline, the time each one takes is increasing according to new research.
A survey of more than 1,000 people between the ages of 18 and 55, all of whom had divorced or separated at some point in the last decade, found that the average divorce took 14 and a half months to complete. This represents an increase from a previous survey in 2014, in which a divorce took an average of 11 and a half months.
The research was conducted by insurance company Aviva. Their previous survey revealed that couples spend around £44,000 on average to bring their marriage to an end. This includes legal fees as well as other expenses such as separate holidays or new furniture. A report in The Times earlier this week suggested that this figure has probably also risen in the last three years.
Paul Brencher is the health director at Aviva UK. He said that a divorce or separation was “likely to be one of the most emotionally demanding life events for people who experience it”. If a couple does not have a clear understanding of their finances, this can “make a complex, and often lengthy separation process more difficult” he added.
If you want to talk to one of Stowe Family Law’s solicitors about any aspect of divorce or family law, do not hesitate to get in touch. We pride ourselves on getting the best possible outcome for clients. Speak to a member of the team from your nearest office.
Photo by Dafne Cholet via Flickr under a Creative Commons licence.
December 27, 2017