Divorce is one of the most difficult and traumatic things that anyone can go through. Although it may seem impossible to ignore the pain, anxiety, and uncertainty that comes with divorce, it is important to look after your material interests. An attorney can help you do just that.
Divorce is not just something that only young couples go through. Middle-aged and elderly people get divorced as well. In fact, if you are over 50 and on the cusp of a divorce, yours is far from a rare case.
Gray divorce refers to divorce among people who are over the age of 50. Divorce rates among this group have risen by 109% over the last decade. While this is still lower than the rate at which younger people divorce, it is nevertheless a significant fluctuation. If this is the case for you, then you will find the process much easier with the help of an attorney who has experience handling such cases.
Common Causes of Gray Divorce
Most people assume that gray divorce owes to life transition differences. This tends not to be the case. According to recent studies, gray divorce correlates highly with the marital past of one or the other partner. Those who divorced when they were younger find it easier to divorce when they are older.
The seeds of most gray divorces are sown decades in the past. Resentment and disappointment fester over time. Many gray divorces are the result of some event that occurred early in the marriage and was never resolved. The couple may have stayed together to raise their children, but marriage without children to care for became impossible.
In addition, gray divorce is so high now because social stigma has drastically changed regarding divorce. Baby boomers grew up in the 50s, 60s, and 70s - a time when divorce rates were significantly lower than today because of the negative social stigma it. Now, it is much more common and socially acceptable to get a divorce, and many are much more open to exploring this option.
What a Family Law Team Can Do For You
In times of divorce, you will need the help, insight, and advice of a family law firm to manage this process and protect your interests and assets. If you have lived with and built up assets with your spouse over the years, you must ensure that you get a fair share of them. It is right for you to look at your marriage as a kind of investment. You have dedicated more than enough time, energy, and work to reap benefits that will help sustain you as you build a new life.
Your lawyer will ensure that there is a full accounting of the assets. There should be no major purchases or sales of assets that you hold together during the divorce, nor should there be any attempt to transfer funds from joint bank accounts. Your attorney will take the steps necessary to monitor and thwart any attempt to carry out such action.
If you are about to get a divorce, make sure you take prompt legal action. Don’t hesitate to call Schweitzer Law Partners today to better understand your options.