Married couples with kids who get divorced may literally be putting their children in the poor house, say some experts. Apparently, divorce contributes to child poverty, according to recent Statistics Canada census data. There are 1.2 million children who live in low-income families -- more the 531,000 in single-parent households, or one-fifth of them -- are living in poverty.
However, not all single-parent homes are the result of divorce. Some are the result of the death of a parent. However, for many children living with both their parents in a tumultuous atmosphere where their mothers and fathers are constantly hostile toward each other, it may be worse than living in a home where it's difficult to make ends meet. Both come with a downside. It could be, too, that low income is actually one of the contributing forces behind divorce.
The issues surrounding divorce are complex, and it is likely that no one factor contributes to the demise of a couple's marriage. Nor can one distinct element describe a family's overall financial picture -- including the divorce, or the economy in general. These issues, including a family's income, can overlap and quickly become complicated.
A lawyer in Canada who has experience in family law could answer some hard-hitting questions regarding divorce proceedings. A compassionate lawyer will understand a client's individual family dynamic and would be able to offer advice on which path would be best to take, taking into consideration all things coming into play in a distinct family situation. In many instances, the advice of a savvy family law attorney could go a long ways toward achieving financial stability in the short and long-term.
Source: business.financialpost.com, "William Watson: Surprise! Child poverty in Canada comes from divorce, not capitalism", William Watson, Accessed on Dec. 16, 2017