What Stay-At-Home Moms Can Expect During Divorce
Women who elect to stay at home to raise children face unique challenges during divorce. But that’s not to say they face a hopeless situation.
A lot depends on what the partner is earning, along with the household debts and expenses. If a lawyer tells you what you should expect without a thorough financial analysis of your situation, you should find someone else, because each situation is unique.
The share of mothers who do not work outside the home was 29 percent in 2012. And although we talk about stay-at-home mothers, this information applies to stay-at-home dads, too, the numbers of which are on the rise.
What to Expect
Child Support – A stay-at-home mom (or dad) can expect child support of some kind unless the partner is the primary custodian. The amount of that child support depends on the partner’s income, the number of children, and other factors. Learn more about child support.
Alimony – The non-working partner cannot expect alimony, but that doesn’t mean it isn’t possible, especially for the period of separation. Again, a lot depends on your situation.
However, even though non-working partners might have these financial supports available, the reality is that two households are more expensive than one. With each partner now paying rent or a mortgage and utilities, plus furnishings, food, retirement, and more — it all adds up. Even child support payments may not adequately cover all your children’s expenses.
Job – In most situations, it is recommended to go out and attempt to find a job. Even if it’s part-time, it will supplement any income and prevent you from relying 100 percent on someone else. Then, if your ex-spouse passes away or becomes disabled, you still have some financial security.
Life Insurance – You might want to take out a life insurance policy on the partner providing child support or alimony. He or she might also carry disability insurance. The court will not require this, so consider it as part of your settlement. Such a policy could help if he or she is no longer able to provide child support payments.
Contact Our Raleigh Divorce Team
As each situation is unique, we recommend contacting the team here at Triangle Divorce Lawyers to schedule a consultation or registering to attend one of our Raleigh divorce workshops, held on the second Saturday of each month.