Divorce can be a difficult process for anyone, but gray divorce, which occurs later in life, can come with its own unique set of challenges. When couples have been together for decades, they have often accumulated substantial assets, and determining how to divide them can be a complex and emotional process. One of the most surprising aspects of a gray divorce, however, can be … [Read more...] about Alimony Can Be the Most Shocking Part of Gray Divorce
Critical Issues During Gray Divorce
A gray divorce, meaning a divorce between long-term spouses over the age of 50, comes with unique challenges that younger couples do not face when they decide to split up. In some ways, you may be in a better position to divorce now than you were 20 years ago. In other ways, a gray divorce can impact your finances more negatively. Here are several financial concerns every … [Read more...] about Critical Issues During Gray Divorce
Common Errors During A Gray Divorce and What to Do About Them
Many men in their fifties, sixties, and beyond come to our law firm concerned about an impending divorce. “My wife wants to separate,” they say, “but I can’t begin to imagine how a divorce will look at my age.” Getting a divorce later in life can be mentally, emotionally, and financially taxing. A young divorcing couple just hasn’t gone through the trials and tribulations … [Read more...] about Common Errors During A Gray Divorce and What to Do About Them
Divorce is on the Rise for Couples in Their Golden Years
A “golden years divorce,” also known as a gray divorce, used to be rare. In fact, the 50+ demographic was once least likely to end their marriage. Now the tables have turned: they’re the only age group that is seeing an increase in divorce rates. So, what is a gray divorce? It’s a divorce that is often initiated once spouses are nearing retirement. This means they face … [Read more...] about Divorce is on the Rise for Couples in Their Golden Years
Why Women Initiate Gray Divorce More Often Than Men
Gray divorce is on the rise, and some experts are scratching their heads. Even more confusing is the fact that many more women than men are seeking a gray divorce. Some estimates show that as many as two-thirds of all gray divorces are initiated by women. What factors contribute to this trend, and what does this statistic mean for the future of divorce in New Jersey and … [Read more...] about Why Women Initiate Gray Divorce More Often Than Men
