Gray divorce is not a new phenomenon, but its drastically increased prevalence is certainly a sign of changing cultural standards. Gray divorce involves those close to or past retirement age ending a marriage that lasted for decades. People have become more comfortable walking away from relationships that they find unsatisfying or unhealthy, even if they grew up at a time when divorce was much less common. However, divorcing later in life does come with certain consequences for the people involved….
There are a lot of difficult situations that can arise when you’re going through a divorce. Perhaps you want sole custody of the kids and so does your ex, for instance, but you know that you’ll likely have to share custody under a joint parenting plan. Maybe you have significant retirement assets that you need to divide, and you want to make sure that you get what you deserve so that you can still retire. But, in some cases, it…
If you and your spouse decide to get a divorce, you have a lot of personal issues that you need to address, such as who gets custody of the children or exactly how you want to split up your marital assets. All of these choices are related to your own life and what it takes to divide your life from that of your spouse. If the two of you are business owners, though, some of the focus has to shift…
Divorcing when you have property often means needing to invest a lot of time in litigation or negotiating a settlement. You and your ex may have shared accounts and property, which will mean it takes longer to create an accurate inventory of your marital estate and to divide those belongings. Few marital assets make as much of an impact on your future financial stability as your retirement account. You and your spouse have probably spent the entirety of your marriage…
Children of divorce are more likely to deal with certain problems than children who live in stable families. Some of the problems that you may see arise include behavior issues, poor academic performance and sudden risk-taking behaviors. As a parent, seeing these changes can be scary, frustrating and upsetting. Fortunately, you can help your child by addressing their concerns and making sure they know that you are there for them. Here are a few things to consider about the three…