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Paying for the wedding can lead to thoughts of divorce

Weddings, as North Carolina residents know, are usually a cause for celebration. The furthest thing from the minds of the happy couple is the dissolution of their marriage. However, a study by LendingTree reveals that going into debt to pay for a wedding actually led to newlyweds fighting and thinking about divorce.

Going through divorce with separate finances

Many North Carolina millennial have shied away from co-mingling their funds, even after a couple decides to get married. It is estimated that approximately 28 percent of couples across the nation who get married never open a joint bank account and end up keeping their funds completely separate. While this may be due to the fact that it can be difficult to divide assets during a divorce, maintaining separate assets does not mean that they will not be distributed in the event of a divorce.

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Greenwood Law
One Salem Tower
119 Brookstown Avenue, Suite 300
Winston-Salem, NC 27101

Phone: 336-794-6138
Phone: 336-794-6138
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