Do you remember the day you turned age 50? Perhaps, you went to your favorite Ohio restaurant or celebrated at home with family and friends. Nowadays, there are a lot of trendy and fun decorations for such parties, including banners that say, “50 and fabulous” and other clever phrases that make aging seem more like an adventure to anticipate, rather than something to dread.
There’s another apparent trend, however (not just in Ohio, but throughout the nation as well) that, generally speaking, is usually not a pleasant experience: gray divorce. You may have heard the term or read about it in a magazine in a doctor’s office waiting room. In fact, you may be one of many who are considering a marital split as you head into your fifth decade of life.
Many experiences are unique after 50 — even divorce
If you are someone who tries to exercise on a semi-regular basis, you’re likely already aware that such endeavors tend to affect the body a bit differently at your age than when you were ages 20-30. Such is life, right? Time goes on, bodies change, and so do life experiences and relationships. Many people are choosing to divorce after age 50. In fact, so many occur that the media and others coined the term “gray divorce” to label the process. Following, are some of the most common concerns of those who divorce after 50:
- How to go about it: There are typically several options available regarding the process of divorce. Some people choose alternative methods, such as mediation or collaborative law. Others determine litigation necessary in order to protect their rights and achieve their goals. It’s an individual choice although the decision-making process may be easier if you seek experienced guidance.
- How it may affect a child/parent relationship: Just because your children might be much older if you divorce after age 50 than they would have been had you severed marital ties a decade or two earlier, it doesn’t mean the situation won’t bear significant emotional impact upon them. Most parents want what’s best for their children regardless of age; therefore, concerned parents will want to do their best to help their adult children adapt to the idea that their parents who were together their entire lives are choosing to enter the later years of their lives apart.
- How financial problems can be resolved: Especially in situations where there was only one main breadwinner in the marriage, financial issues in divorce after age 50 can be complicated. From Social Security issues to 401k, taxes and other issues involving marital assets, it often helps to act alongside experienced representation to protect your rights and obtain as fair and agreeable a settlement as possible.
How you spend your years after 50 is entirely up to you. Hopefully, you’ll be able to maintain an active and healthy relationship with your children, as well as address divorce-related issues that require agreement between you and your former spouse in an amicable manner.
To increase the chances of this, many Ohio residents choose to seek assistance from family law attorneys who can act on their behalves throughout the divorce process and in any future litigation that may occur.