If you have been married for 20 years or more and now you are in your 50s or 60s and facing divorce, you are not alone. These types of divorces, often referred to as “gray divorce,” are becoming increasingly common, even in Lehigh County.
Gray divorces, like all divorces, can be difficult and painful, but they can also offer new and positive opportunities for the future. If you are facing a gray divorce, you should not despair. Many people in Lehigh County have gone through a divorce in their 50s or 60s and come out the other side successfully.
Get a divorce support team in place
One of the biggest fears that people in their 50s and 60s have about facing divorce is the fear of loneliness and isolation at the thought of being single again. While divorce can bring feelings of loneliness at any age, this can feel particularly acute after decades of marriage. That is why one of the best things you can do for yourself is to put a sort of divorce support team in place right away so you do not have to go through the difficulty of divorce alone.
In addition to a supportive network of friends, you may also wish to seek out a counselor or therapist who can help you with the emotional challenges of divorce. However, your first and foremost consideration as you approach a divorce should be hiring a skilled divorce attorney who has experience helping people who are divorcing later in life.
Understand the specific factors of gray divorce
Divorce in your 50s or 60s has special challenges as compared to younger couples who may still be early in their careers and raising families. Gray divorce couples often have more complex asset division issues that require skilled and accurate appraisal for fair asset division. An experienced family law attorney can assist you with this. Complicated tax obligations are often another concern, as is the division of retirement accounts and shared businesses.
You should not leave your financial future to chance if you are facing a divorce as you approach your retirement years. Consult with a family law attorney as soon as you know that you are facing divorce so you can strategically plan for the most successful post-divorce future possible.