Perhaps you’re one of many Michigan residents who have been married for more than 25 years. You may also be among those whose relationships have encountered serious challenges in their later years in life. In fact, the divorce rate among people age 55 and over has more than doubled in the past 20 years.
You and your spouse have likely raised a family and may even be helping to raise grandkids by now. You might be business owners. You also might have accrued a high-net worth of assets throughout multiple decades of marriage. If you’re currently considering filing for divorce, such issues may cause you to worry about potential difficulty in achieving a fair settlement.
Issues that are common in your age group
Baby boomers often have a lot in common when it comes to reasons why so many of them are filing for divorce after 25, 30 or more years of marriage. One or more of the issues included in the following list may be relevant to your own situation:
- Have you and your spouse simply grown apart after your kids became adults and moved out of your home? Raising a family is a common goal that many couples share, but once kids are grown, spouses find they have nothing left in common.
- Infidelity is a causal factor in many grey divorces, a term that refers to people over age 55 severing marital ties.
- Women, in particular, are generally much more financially independent and confident in the business world than they were decades ago. This is apparently a critical issue for many older women in determining whether to end a marriage in court.
- Perhaps you were willing to overlook many problem issues in your younger years because you wanted your children to grow up with both parents under one roof. Now that it’s just you and your spouse, you may see no reason to endure situations you do not believe will ever change.
No two Michigan couples experience marriage or divorce in the exact same way. However, you might find that you have encountered similar challenges as other spouses; in fact, in can be helpful to talk to a trusted friend or family member who understands what you’re going through.
Additional resources to help you navigate late-in-life divorce
It can be quite difficult to adapt to a whole new lifestyle after 25, 30 or more years of marriage. Your divorce may have financial implications or have a significant impact on your taxes, retirement benefits, investments or assets in general, which is why many Michigan spouses ask experienced family law attorneys to help them protect their interests in court.