Amicable Divorce? Not in This Market

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Few life events are more emotionally and financially taxing than divorce. Inflation is making it even worse.

Assets are shrinking, while alimony payments, legal bills and tensions are all running higher, lawyers say

Related Video: Americans have racked up more credit-card debt than ever. WSJ’s Dion Rabouin explains the contributing factors and why this could spell trouble ahead for the U.S. economy. Photo: Keith Srakocic/Associated Press Increases in alimony and child-support payments tend to be tied to the consumer-price index, a measure of what consumers pay for goods and services that has grown at the fastest rate in four decades. Disputes over who gets to keep the house became more contentious when mortgage rates doubled this year as a result of the Federal Reserve’s efforts to stamp out inflation, divorce lawyers said.

 

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