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According to recent United States Census statistics, for the first time in the nation’s history, more Americans over the age of 50 are divorced than are widowed. Coined by sociologists as “gray divorces,” the trend appears to be increasing as the baby boomer generation lives longer. Despite divorce rates stabilizing nationwide in other age groups, the over-50 divorce rate has doubled since 1990. Researchers attribute the trend to the growing acceptance of divorce in society and women’s increased economic independence.
Unique issues posed by divorce after 50
Divorce, or “dissolution of marriage,” after 50 poses many of the same challenges as widowhood, such as economic strain, reliance on children, or occasionally institutional support from other sources. While issues such as child custody, time-sharing arrangements or child support are typically less relevant, there is an increased emphasis placed on division of property and assets.
Understanding the marriage dissolution process
Florida law outlines a distinct process for the dissolution of a marriage, including:
Dissolving a marriage if you are over the age of 50 poses unique concerns regarding estate planning and division of assets and liabilities, as spouses prepare for and enter retirement. A seasoned divorce attorney can be your guide throughout the “gray divorce” process.
For many years, Lawrence S. Katz has helped clients in Florida, throughout the United States and abroad. He has earned an excellent worldwide reputation for providing knowledgeable, quality representation in family law matters.