Three Things to Consider in a Gray Divorce
Everyone can learn from their elders, but sometimes the older generation might take a page out of their children’s and grandchildren’s books. The modern generation isn’t afraid to move on when a marriage is unbearable. In decades past, people would stay married even if they were miserable in their union. Why? For many reasons: Divorce was stigmatized, especially in traditional religious families; the wife would usually stay home and take care of the kids and household, and often lacked the job skills to support herself on her own; and certain marital topics, such as spousal abuse, were seen as taboo and swept under the rug.
Today, however, many older couples are taking a stand when it comes to their own happiness, and walking away from even long-term marriages. Studies have shown that more than double the number of couples over age 50 were divorcing in 2010 than they were in 1990. Often referred to as “gray divorce,” it would seem like times have changed enough for seniors to be confident enough to strike it out alone.
Here are three things to think about if you are considering a divorce in your later years:
Property and Asset Division
In Arizona, you can expect the court to divide your marital property just about equally. This includes retirement pensions, so be prepared if you were expecting to have your large retirement account all to yourself.
You will likely not have to worry about such issues as child support and custody during a gray divorce, but remember that this will be difficult for your kids, nonetheless. If they grew up with both parents together, your divorce may come as a shock. You can address the issue with them honestly as adults, but give them time to heal and understand.
Getting a divorce can signify the beginning of a new life and possibilities. While this prospect can seem exciting, remember that you will also probably deal with conflicting feelings of sadness, loss, anger and depression for the first few months after the papers are signed. Do cultivate new friendships and activities, but be careful not to jump into a relationship too soon. Recognize the symptoms of chronic depression and seek help if you are having difficulty moving on emotionally.
Ending a marriage entails much more than moving into separate homes, especially if you have years of accumulated assets and conflicts. Call the Law Offices of Hope E. Fruchtman to discuss your options.
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Scottsdale, AZ 85260