What is a Gray Divorce?

A Growing Trend

Many people often assume that younger couples are getting divorced at a larger rate than others, but the truth is that the opposite is occurring more. There is a steady increase in divorces involving people who are older. Read on to learn about gray divorce and the issues that often contribute to this type of divorce.

Gray Divorce Defined

A gray divorce is a divorce that occurs later in life after the couple has been married for a significant period of time; it’s common to see this type of divorce involve individuals of at least 50 years of age. This type of divorce can be more complicated than a typical divorce, as there are often more assets to divide and issues to resolve.

Issues that Contribute to Gray Divorce

There are several issues that often contribute to this type of divorce. For instance, people who are older and further along in life may have different priorities than they did when they were younger. They may be less willing to put up with things that bother them, and they may be more likely to divorce for reasons such as adultery or financial problems.

Another factor that often contributes to gray divorce is that people who are closer to retirement age may not have the same earning potential as they did when they were younger. This can lead to disagreements about money and how it should be spent. Finally, because older couples are more likely to be empty nesters, they may realize that they work better apart from each other rather than together.

Speak with a Chicagoland Divorce Attorney

Whether you and your spouse have been married for a long period of time or have just realized that things are not working out the way you hoped, know that you have options. Discuss those options with a divorce attorney who can provide you with the clearest guidance. The team at Law Offices of Jonathan Merel, P.C. can help you work through the issues unique to your situation and will protect your rights at every step of the process.

Learn more about gray divorce or schedule your consultation with a member of our team by calling us at (312) 487-2795 or by visiting our website.