When couples over the age of 50 get a divorce, this is often referred to as a gray divorce. Although divorce among older couples was once something of a rarity in the past, it has become increasingly common in recent years. Getting a divorce later in life comes with different complexities compared to younger couples, particularly since they are past their prime income-earning years. Continue reading to learn more about gray divorce and why they happen.
Getting a Gray Divorce
People can get divorced for any number of reasons. In a gray divorce, one of the most common reasons for the split is that spouses eventually grow apart instead of together. Throughout the course of a particularly long marriage, values and life goals may change, ultimately making it impossible for the marriage to continue.
No one is ever too old to pursue happiness, so if your marriage is not working, you should consult with an attorney.
Here are some of the unique problems you may encounter during the process of a gray divorce:
- One of the biggest obstacles older spouses face when dissolving their marriage is the matter of dividing their retirement and pension assets. If you are already retired or planning to retire soon, splitting these benefits can become a major hardship, so it is crucial to plan effectively for your future.
- Older spouses may also have some health conditions that require ongoing treatment. If you are receiving health care coverage through your spouse, these benefits will end once you divorce, putting you in a difficult situation.
- Younger spouses often have to worry about the impact this situation will have on their young children. If you are getting a gray divorce and have kids, however, they are likely adults at this point. Though they will not need the same level of support younger children need, this can still be a stressful time for them, especially if they end up having to support one of their parents.
Getting a divorce is stressful at any age, but with an experienced attorney on your side, you can get through it.
Speak to a Knowledgeable Family Law Attorney About Your Case Today!
Ending a marriage can be an emotional experience. At the Law Office of Tzvi Y. Hagler, P.C., our family law team can provide the legal support you need to overcome any of the legal obstacles you may face.
Reach out to our law office today at (516) 514-3868 to schedule a consultation with our attorney.