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divorce over 50 Archives

Typical concerns are exacerbated in a gray divorce

The numbers of divorces after the age of 50 are reportedly increasing nationwide, including in Illinois. Although divorce at any age is typically traumatic, the emotional and financial toll can be exacerbated when it is a gray divorce. When couples reach middle-age, most have accumulated considerable economic and personal assets together, and the property division process will indeed be challenging.

The challenges of navigating a gray divorce

Many couples in Illinois and other states decide to end their marriages after the age of 50. A later-in-life divorce has become known as a gray divorce. The prospect might conjure up anxiety in anticipation of the whole process that will likely be best navigated alongside a savvy family law attorney. This is because a divorce at a later age does not leave anyone much time to realign retirement plans.

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