00:00While divorce proceedings typically bring pain and stress, experts look at the financial upside
00:08to uncoupling. Divorce attorneys' phones typically ring more and more in January,
00:12after unhappy partners seek a fresh start after New Year's Day. While the process is usually
00:17highly unpleasant, Misty Hegenis, a principal economist for the U.S. Census, touted states
00:22with no-fault divorces. A no-fault provision where either side can file for a divorce can
00:27actually have positives for the economy. Hegenis explained to Market Watch that in states with
00:32these unilateral laws, couples are 8 percent more likely to work full-time outside of their home,
00:37while women are 5 percent more likely to have a job, according to a University of Pennsylvania study.
00:42Market Watch reports that the number of marriages increases in states where women are able to have
00:46strong post-divorce property rights. In a more philosophical way, a recent U.S. News & World
00:52Report article pointed out that divorce can provide an opportunity to reset financial goals going
00:57forward and give you back control of your budget.
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