Solutions For What Matters Most
Responsive, Hands-On And Caring Legal Services In Family Law, Estates And Estate Planning, Misdemeanor Defense, Landlord-Tenant Issues And Personal Injury.

How can gray divorce impact you?

On Behalf of | Feb 17, 2021 | Divorce

As you age, you usually expect to deal with new and confusing life changes. A divorce in your later years may be one of them.

Gray divorce is a term coined more recently, which refers to a couple that chooses to separate or completely divorce after or close to retirement age.

Your finances

According to Forbes, one of the biggest issues gray divorcees have is determining how to divide their assets. After many long years of living in the same place and sharing the same possessions, it can be tough to determine who gets what.

Working together and respecting one another’s wants and needs can help you both figure out this aspect of divorce. You should also discuss other financial aspects, such as retirement funds and pensions, during this time as well.

Your children

Children of gray divorcees may feel caught in the middle. They love both their parents, but notice one may need more attention or support than the other.

Making adult children choose sides or trying to shift the blame for the divorce onto the other spouse can be a source of stress for everyone involved. Instead, take time to talk personally with each child about why this divorce is beneficial for you and your ex-spouse.

Your attitude

Many divorced people may struggle with depression or anxiety after this major life change. However, visiting a counselor or therapist can help you see the positives of the situation and give you a better perspective on your future. A divorce later in life can give you a fresh start, along with more time to find yourself.