Whether you call it a gray divorce or a silver splitter, the end of a long-term marriage between people close to or past the age of retirement is a complicated situation. Numerous couples who have raised families together and possibly paid off a mortgage during their...
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Gray Divorce
Why is gray divorce on the rise?
It is very clear that gray divorce is on the rise. When you compare the numbers that we see today to the rate at which gray divorces happened in the 1990s, it has doubled. If you fast-forward to 2030, researchers predict that is going to triple. In other words, though...
Why is mediation a popular tool for gray divorces?
Gray divorces are much more common than they were just a decade ago. Couples who have remained married for most of their adult lives are currently more likely than other age groups to decide to divorce. With a divorce later in life comes a number of complex issues...
A gray divorce can still affect your relationship with your kids
Parents thinking about divorce when they have young children at home understand that their kids will probably struggle with the end of the marriage. Those who have older kids may not worry quite as much about the emotional responses of their children. After all, they...
Are you in the age group where divorce is getting more common?
Most age groups in the United States have a declining divorce rate. This doesn’t always mean marriages are working out more. For instance, people now wait to get married until their early 30s, on average, so the decline in divorce for those in their 20s is largely due...
The complexities of managing a gray divorce
Even though the divorce process is regulated by Maryland law, every divorce that passes through the courts takes its own path. That is because the individuals who participate as parties in divorces have their own specific needs, expectations, and circumstances. For...
What are some tips for getting through a gray divorce?
We all know that divorce can offer a fresh start for departing couples. However, for those divorcing later in life through a so-called gray divorce, a well-funded retirement plan, as well as other property and assets, may be at stake. This is why it is so important to...