Bowen Ten Cardani, PC

Two convenient office locations in Henrico’s West End and Ashland

Call Us For Your Initial Consultation

804-767-6850

Some demographics more at risk for gray divorces

So-called gray divorces, or separations affecting people over the age of 50, have increased substantially in Virginia and across the country. While divorce isn't always predictable, researchers and analysts have found common associations for divorce and underlying reasons that couples over 50 should be aware of.

The occurrence of gray divorces has doubled in the last 30 years; although, they are still much lower compared to the divorce rates of younger couples. Some researchers have attributed to the rise to changing social attitudes about divorce and increasing independence among women. A person may no longer feel like they must remain in a relationship that is no longer working out and probably hasn't been working for many years.

Notably, research has debunked several common beliefs about the cause of gray divorce. One common idea was that couples remained married only long enough to see their children off to college and adulthood and then divorced soon after. Rather, the research points to financial interests and overall happiness in a relationship as key factors. For example, couples who collectively owned over $250,000 in assets were 38 percent less likely to get divorced compared to those who owned under $50,000. Remarriages were another key factor. Among all age groups, first marriages tend to be stronger than subsequent marriages, and this trend held true among those over 50.

A gray divorce can carry with it a variety of issues that may not impact younger spouses who separate. There tends to be greater financial complications and issues of asset division associated with a gray divorce. There will also be more marital history to consider. A gray divorce is a possibility for many couples, and it is important to be prepared. A person considering a divorce may want to discuss their situation with an attorney.

No Comments

Leave a comment
Comment Information
Email Us For A Response

We’re ready to work with you.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Bowen Ten Cardani, PC

Richmond Office
3957 Westerre Parkway
Suite 105
Richmond, VA 23233

Toll Free: 866-601-7371
Phone: 804-767-6850
Richmond Office Location

Ashland Office
9410 Atlee Commerce Blvd
Suite 2
Ashland, VA 23005

Toll Free: 866-601-7371
Phone: 804-767-6850
Ashland Office Location

Super Lawyers | K. Matthew Long