Best Child Custody Solicitors in Manchester

Women’s Household Income Drops Twice as Much as Men’s After Divorce: As a professional family lawyer at Aramas Family Law in Manchester, I’ve seen firsthand the significant financial challenges many women face following a divorce. The statistics from Legal & General Retail paint a stark picture: women experience a staggering 41% drop in household income in the year after divorce, compared to just 21% for men. This discrepancy can be attributed to several factors, including the fact that men are often the primary breadwinners in families, with 70% holding this role compared to only 21% of women. Consequently, as couples separate their finances and establish two separate households, women are disproportionately affected. It’s concerning to note that one in four women (24%) struggle financially post-divorce, compared to 18% of men. This financial strain leads to heightened worries about meeting essential costs, with 21% of women expressing concerns in this regard, compared to 13% of men. Despite both parties generally agreeing on the fairness of financial divisions during divorce proceedings, many women may unknowingly relinquish their rights to critical financial assets. A significant example of this is the trend of women waiving their entitlement to a partner’s pension, with 30% of women doing so compared to only 17% of men.