Gray divorce refers to older couples who have decided to end their marriage. These divorces are unique because they often involve a long-term marriage and the need to divide substantial assets. If you are considering divorce later in life, it is important to understand how it may differ from divorcing at a younger age. Long-Term Marriages and Dividing Assets Many gray divorces involve … [Read more...]
Over 50 and Considering Divorce? What Texans Need to Know
Couples over 50 who are divorcing generally have different issues than younger couples. For the most part, they are couples who have been married for many years. Perhaps they have been waiting for the children to become adults and leave home. Now that that has happened, they are ready to go forward with their divorce plans. Issues Specific to Older Couples Some issues that are specific to … [Read more...]
Tips for keeping Texas finances down in divorce post 50
Divorce is emotionally exhausting at any stage of Texas residents’ lives, but as they grow older and cross 50, it may be financially exhausting as well. Where only one in 10 divorcees was over 50-years-old, 20-years ago, last year, a survey revealed a startling one out of four people who divorced now were over 50. As people live longer and are more financially independent, they are … [Read more...]
Divorce often more complex among baby boomers
Ideas surrounding the institution of marriage have changed dramatically within the last 20 years. Today, some couples are choosing to forego marriage altogether, while others are delaying marriage until later on in life. Another change with regard to marriage and ideas related thereto, is the rise in divorce rates among those couples over the age of 50. While divorce rates among Americans have … [Read more...]