Did financial infidelity cause your divorce in Maryland?
All too often, Glen Burnie divorce lawyers see marriages crumble due to money disagreements and financial infidelity. When a couple is at odds with money matters and finds themselves lying about their finances, one partner usually begins thinking about getting divorced.
The countrys economic instability has worsened financial disparities for many couples in all age and economic brackets. A marriage is supposed to be built on trust, and when partners begin sneaking around and lose their transparency, it drives a wedge between them, that, left alone, can break a relationship.
Defining Financial Infidelity
Financial infidelity is a huge problem in marriage today; so large, in fact, that many couples have come to think of lies and arguments about money as normal, or merely white lies. On the contrary, any type of recurring lying erodes trust, and therefore a marriage.
When couples begin becoming deceitful about their purchases or hiding their credit card bills, it should serve as a warning signal that something is amiss and the marital communication is faltering.
Furthermore, when spouses have different money personalities, it can compound matters. When a couple is discussing getting divorced in Maryland due to financial disagreements and go to see a Glen Burnie divorce lawyer, generally, one spouse is a saver and the other a spender.
In some cases, when one partner becomes aware of the spendthrift habits of the other, secret saving or hoarding money becomes even more imperative to the saver for security and savings. Its not necessarily the discrepancies in their personalities that cause the problem its the secrecy and unwillingness to air their issues that begins to ruin the marriage.
Types of Financial Disagreements
Financial disagreements usually begin innocently, simply arising out of the spouses unique family background and money tendencies.
In healthy marriages:
couples openly discuss the money issues;
budget carefully;
seek counseling; and
and try to reach a compromise with which they can both be comfortable.
In many cases, though, the issues are swept under the rug, a quiet deception sets in, and the unresolved money problems begin escalating. When one spouse begins feeling trapped or that the other is unwilling to demonstrate respect or acknowledge the others feelings, they can start contemplating getting divorced.
In Maryland, Glen Burnie divorce lawyers see numerous types of financial disagreements, such as when partners:
spend more than they earn;
rack up high credit card bills and hide them;
make secret investments;
hide gambling habits (like excessive betting at the Pimlico or Laurel Park races);
(like excessive betting at the Pimlico or Laurel Park races); withdraw from retirement accounts;
hide purchases or lie about purchase costs (deny trips to Marley Station, for example);
(deny trips to Marley Station, for example); skim money from joint accounts; and
and hide work bonuses or inheritances.
Result of Financial Infidelity
When one spouse knows their behavior and spending habits are distressing to the other partner but continues to do them anyway, it shows a lack of respect for the marriage and the other partners feelings. This causes a communication rift and leaves one partner feeling jilted.
The partner who habitually overspends may feel justified in their actions. He or she may feel like they earned it, or even use spending as retaliation in some form. Regardless of the initial causes of the financial disagreements, unless both partners come together in a spirit of compromise and work through their issues, theyll likely result to getting divorced in Maryland.
Seeking Divorce in Maryland
Sometimes, financial infidelity causes irreparable damage, and a divorce becomes inevitable. If you find yourself in this situation and need legal counsel on how to proceed, consult with a Glen Burnie divorce lawyer.
An attorney will be able to:
look over your situation;
advise you on how to legally and appropriately deal with your joint and personal financial accounts; and
and help you create a separation agreement that protects your future financial interests.
Contacting Glen Burnie Divorce Lawyer
The divorce lawyers at Jimeno Gray understand the nuances child custody, alimony, and being divorced in Maryland. We are ready to help you with your family law needs and answer any questions that you may have. Contact us today for a consultation 410-590-9401.’