For the first time, large numbers of older couples are seeking divorce following decades of marriage. While so-called grey divorce offers older men and women a fresh, new start and a chance at happiness after years of relationship strife, it also comes with a few unique issues not faced by younger divorcees. Let’s take a closer look:
- Financial security after retirement. Grey divorcees have often spent a lifetime saving for retirement together and building financial security. When divorcing after 50, couples lose the advantage of having each other to retire with and could face money problems as they look at their golden years.
- Nursing care and assistance. Many older couples depend on each other when they face medical issues as senior citizens. Divorce could mean needing more nursing care and home assistance earlier—a problem that can cost, financially and emotionally.
- Fair property settlement. The longer a marriage lasts, the more confusing and difficult property division becomes. Couples who have been married for many decades may have problems when it comes to splitting their belongings or knowing what to do with the marital home.
- Making a fresh start later in life. After being part of a twosome for two, three, or four decades, it can be a special challenge to make a new start on your own. Grey divorcees may need to relearn how to be single, how to live alone, and how to take care of themselves.
An experienced and knowledgeable Washington divorce attorney can help you navigate many issues that come along with grey divorce—and we can help you make certain that you enter your golden years financially secure and ready to live the life you deserve. To make an appointment with one of our lawyers, call the Law Offices of Molly B. Kenny at 425-460-0550.