Rising inflation has come to dominate the news, and you may notice its effects as you pay higher prices at the gas pump and the grocery store. You may not have realized, however, that inflation could also affect your divorce. (In fact, it may even increase your chances of getting a divorce according to one research paper.)
Though inflation is a big news story at the moment, it is actually always with us, slowly chipping away at the value of our money. Oftentimes, inflation is overlooked during divorce settlement negotiations, which can be a very costly mistake. So, let’s consider how inflation impacts divorce and what you should do to inflation-proof your divorce.