Often, in many marriages, one of the spouses assumes the role of “financial lead.” This person manages the couple’s money, pays the bills, works on the taxes, and understands where all of the important papers and assets are located.
So long as the couple remains together and are happily married, this arrangement can work fine. Unfortunately when there is one spouse who doesn’t participate actively in financial decisions, they put themselves at a disadvantage in a divorce situation.
The non-financial spouse can quickly feel very vulnerable, like they are at a noticeable disadvantage.
What happens to this spouse in the event of a divorce?