Graduate Thesis Or Dissertation
 

The economic consequences of divorce in Oregon after ten or more years of marriage

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https://ir.library.oregonstate.edu/concern/graduate_thesis_or_dissertations/hm50tv97p

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  • The financial aspects of divorce are of great importance to the growing numbers of men, women, and children who live with the consequences of economic decisions made at dissolution. The purpose of this study was to provide data on the economic aspects of divorce in Oregon after ten or more years of marriage; to determine what assets were owned, how those assets were valued for the purpose of division, which assets were allocated to wives and which were allocated to husbands, the factors that affected the allocation, and the effect of asset division on the post-divorce economic well-being of wives and husbands. The sample was drawn from final divorce decrees for marriages lasting ten or more years filed between July 1983 and June 1984 in the Oregon counties of Multnomah, Clackamas, and Washington. Interviews were conducted with 67 women and 49 men. Most of these couples after ten or more years of marriage, owned homes and tangible personal property, most often furniture and a car. Pensions were the most frequently owned intangible personal property. The greater the value of an asset the more likely it was to be valued objectively. Assets were allocated fairly equally between spouses. However, this did not have the effect of putting husbands and wives in similar economic positions. When pre-divorce and post-divorce household incomes were compared, almost all of the movement toward lower income was accounted for by wives. Mothers were more likely than fathers to have custody of children. When there were children under age 18, child support was usually awarded. However, the monthly amount of child support was less than one-half of the estimated monthly cost of raising a child, leading to the conclusion that the custodial parent bears a disproportionate share of the cost of raising a child. While the allocation of property between divorcing spouses is a concern that cannot be ignored, an equally important concern in these marriages lasting ten or more years is the lack of income-earning ability of the wives.
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