Relationships are changing or evolving every day. The new type of relationship that is emerging is known as the Un-Divorced. This is a relationship between a married couple who have split up in all ways except for the legal or the paper way.
Why wouldn’t a couple a married couple who wants to be separated just get a divorce? There could be a few reasons why they may chose to go the Un-Divorced route. Yet, the main reason is a big one, financial reasons.
Today, a divorce can cost up to $20,000 depending on how much assets a couple has. Of course, the main asset most couples will have to split up is their home and adjoining property. As everyone knows, today is the not the best time to be selling a home or property.
Another main reason that people are choosing to go the Un-Divorced route is that most couples are sharing debt rather than assets. Before the recession hit, when most couples would divorce they just had to decide how they would split their assets such as their savings, their 401K’s and any insurances they may have. Now many spouses are out of work. Many couples have all ready tapped into their savings and even their 401K’s. Plus, many couples have more debt than they do assets. This would mean if they choose the option of divorcing they would have to decide how to split up the debt versus how to split up any assets. Splitting up debt can be a complicated issue.
This type of relationship may work for some couples. How?
• They file joint taxes
• One is still covered on the other’s insurance
• The wife may keep the husband’s last name
• Each may see other people, they may even have girlfriends/boyfriends
• They may only see other a few times a year
On paperwork, these couples are legally married. Some may even assume that they are still married. Yet, others who know them individually may not even know they are married at all. Their Un-Divorced relationship may go on for years. It may all depend on the couple
Does this type of relationship works? Yes, it does work for many couples. Yet, it does not work for every couple.
Will this be a trend that soon fades? No, it will probably be a trend you will be hearing more about as our home finances becomes more and more complicated. Will it be a trend that will be easy to follow? This will depend on the couples who try to follow it?
If your marriage was on the rocks, do you think you could live in an Un-Divorced relationship or would your feelings get in your way of doing so?