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How can you prepare for the hurdles of gray divorce?

On Behalf of | Sep 23, 2018 | Family Law |

Just because you’ve been married for most of your adult life doesn’t necessarily mean you want to stay in that marriage. In fact, divorce among older couples is actually growing in recent years. Mayer Law Office, LLC, is here to help you work your way through what has come to be known as gray divorce.

The first thing you’ll need to do is prepare for the unique hurdles you will likely face. Other people outside of your age bracket may not have to deal with these issues. Most of them revolve around finances. As a couple close to retirement age, or perhaps already retired, you run into a few issues. Either you’re on a fixed income that won’t allow for much flexibility, or you risk chipping into your retirement savings and being unable to retire at your planned time.

Dealing with property division can also be difficult since you’ve had more time to collect assets than your younger counterparts. This can include cars, estate property, savings accounts, and more. Figuring out alimony will be more complicated because of this, too.

Finally, there is the emotional aspect. Many people aged 50 and older may have some difficulties re-entering the dating market, especially if they have been married for many years. Living alone after being together with someone can also be a hard adjustment to make. It might leave people feeling lonely.

If you are going through a gray divorce and want some guidance to help you on your way through, consider taking a look at our web page, linked here. An experienced attorney will be able to make the shift a smoother and easier one.



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