The New Love Deal
Co-authored by Judge Michele Lowrance, a distinguished family court judge turned mediator, Gemma Allen, a prominent family law attorney, and Terry Savage, an esteemed financial writer, The New Love Deal, is the first book of its kind to confront the pervasive truth that we no longer live in the world of traditional marriage. The sad alternative is what the authors witness daily; thousands of men and women who have said “I’m in love, and I do not want to talk about money” later standing with their attorneys before a Judge while their assets and debts are divided in ways they never anticipated.
Romance is changing. Not only are we choosing to marry later (age 29 for men and 27 for women) but many are choosing not to marry at all.
Consider these eye-opening statistics:
- 51 million U.S. households are headed by unmarried couples.
- 40.6% of all U.S. children are born to unmarried mothers, of whom half are living with the child’s father.
- The divorce rate is still running at 45%, and, for certain age ranges, it is even higher.
Breakups in all relationships can be messy and not only from the emotional standpoint of the adults and the children. They also can wreak havoc on each party’s financial future, destroy credit ratings, uproot families, force the foreclosure of real estate, and otherwise create financial and emotional chaos.
The New Love Deal is a guide for making relationships, succeed or, when necessary, for dissolving them in a way that prevents additional heartbreak.