Careers may influence the risks and outcomes of a divorce

New York residents have a reputation for being ambitious, dedicated and skilled professionals. A demanding career may, however, contribute to relationship issues. As reported by GoBankingRates.com. researchers found that certain occupations carry higher chances of divorce.

A first-line enlisted military supervisor ranks at the top of the 21 professions with a greater risk of a marital breakup. Individuals with a military career have about a 30% chance of divorcing if they have not reached age 30. Divorce may include discussing child custody revolving around an active-duty or unpredictable schedule.

When career stress leads to divorce, what factors may determine financial support?

Careers in supply chain or logistics bring employees the second-highest chance of divorce. Nearly 18% of workers could run into irreconcilable marital problems because of stressful and burdensome assignments. The Harvard Business Review reports that professionals who bring their stress home with them may “only half-listen” to their spouses and kids.

According to the U.S. Department of Labor, logisticians earn about $75,000 per year. During divorce, an individual may file a petition for spousal maintenance or child support from an ex-spouse, as noted by NYCourts.gov. A judge may review financial records to calculate an amount based on each spouse’s current circumstances. A spouse earning more money may provide regular payments if the court finds it necessary.

How may assets divide equitably for high-income earners?

Individuals in the medical field face increased divorce rates due to stress and demanding schedules. Healthcare professionals generally receive rewarding compensation packages such as retirement or pension plans. As described by the Office of the New York State Comptroller, divorce may involve a fair division of retirement benefits.

New York’s divorce laws promote an equitable or fair distribution of a couple’s marital assets. While dissolving a marriage may offer some relief from stress, it could also result in providing or receiving financial support.