The divorce rate remains high in the United States, and a primary demographic responsible for those high numbers is baby boomers. When married couples over the age of 50 divorce, it becomes referred to as "gray divorce." According to data compiled by Reuters, divorce attorneys have seen a 61 percent increase in the number of baby boomers filing for divorce in recent years.
It feels good to know you have a solid plan for retirement. At your job, you have taken advantage of every opportunity to contribute to the accounts and other options the company has provided you, and when you leave, you and your spouse will be well off in your golden years.
Minor children are not the only children who can feel confused, lost or caught in the middle when their parents divorce. Adult children, too, can feel quite an effect.
Blended families are the norm these days in California, and they can make for some complicated situations. If you are going through a divorce, one thing you may wonder is whether you can get access to your stepchild once you are divorced.
Even the most amicable of divorces are rarely “pretty,” as both spouses are likely working through grief and the fact that their lives are changing. However, quite a few divorces are not amicable, and in fact, have the potential to turn ugly.
Divorce is a complicated and frustrating process. Discussing your struggles and emotions with people you trust is one way to help you through this hard time. But confiding in close friends over dinner and sharing details with hundreds of acquaintances via social media are two different things.
One of the most challenging aspects of the divorce process is dividing marital property. Whether out of revenge or greed, your husband may be hiding assets to prevent you from having your fair share in them.
Even in the most amicable of divorces, social media can lead to hurt feelings that inflame the process. If you are getting a divorce, there is no need to stay off social media altogether, but following a few usage tips should help the procedures go more smoothly.
Divorce is not just for the young and inexperienced. You may have been with your wife for decades yet want to legally end the marriage for a variety of reasons. Although divorce among seniors (gray divorce) is a growing and socially acceptable trend, it does not come without consequences. This stage of life brings its own unique divorce challenges, especially when it comes to your finances. Awareness and preparation can help lessen the effects.