Assets are shrinking, while alimony payments, legal bills and tensions are all running higher, lawyers say.
Few life events are more emotionally and financially taxing than divorce. Inflation is making it even worse.
Lisa is quoted in The Wall Street Journal on what it means to get a divorce in this complex financial market.
From the article:
“Nesting, in which the divorcing parents rotate in and out of the family home to care for the children who reside there continuously, has become more popular as people face higher housing costs, said Lisa Zeiderman, a divorce lawyer in New York. When a parent is “off duty” that person stays in an apartment nearby that they also share.
“The arrangement doesn’t always end money fights and new ones may arise, lawyers said. ‘With grocery prices escalating, they end up arguing about leaving the refrigerator empty for the next nesting parent,’ said Ms. Zeiderman.”
Read the full article here.