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Issues that older people often consider in divorce

| Nov 13, 2020 | High Asset Divorce |

In recent years, many people ages 50 and beyond have determined their marriages are no longer sustainable. The divorce rate in this particular age group has significantly increased in the past two decades. Spouses who are married 20 or more years may want to consider several issues as they prepare to go their separate ways in life.

Older teenagers or adult children may, in fact, have a more difficult time coping with a divorce than younger kids might. A concerned parent can help alleviate stress by being willing to have open discussions. Parents, of course, do not have to share details of their private lives, but it may be beneficial for older or adult children to know they are free to share their feelings without worrying that they might upset someone.

When a younger couple files for divorce, they typically have many years ahead to recoup any financial losses the breakup may have prompted. For a spouse in his or her 60s or 70s, this may be more challenging. Therefore, it pays to be cautious and thorough regarding understanding the financial implications of divorce and to know where to seek support for help in protecting one’s financial interests.

Many older spouses in Texas file for divorce because of infidelity, feeling unappreciated or simply having grown apart in their marital relationships. While no two cases are exactly the same, the issues mentioned earlier are common among spouses who decide to dissolve a marriage after 20 or more years. If someone has questions about state laws or how best to protect financial interests in court, it is a good idea to schedule a consultation with an experienced family law attorney before proceedings begin.