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Gray divorce can be fraught with financial stumbling blocks

Divorce rates in the United States are on the decrease among younger married couples. This generation is waiting longer to get married, with the couple often living together first. This contributes to the decrease as couples may be more mature and know each other better before entering into marriage. There is one group where the divorce rate is on the rise. The divorce rate for those over 50 is increasing at a very rapid rate for couples in Tennessee and around the nation.

Financial implications for gray divorce

Marriages are entered into with a promise of 'for better or worse.' Many couples who have been married for a long time, raised families and had careers are questioning that promise as they consider their happiness in their golden years. The rate of divorce generally has decreased except for those over 50. The rate of the gray divorce is increasing in Tennessee and around the country.

Job loss can heavily impact divorce

Making the decision to divorce in Tennessee can take an emotional toll on a person and be the beginning of a difficult period in one's life. If a job loss is added to that upheaval, it can make an already complicated, and possibly contentious, divorce process seem that much worse. What are some steps that can be taken to lessen the impact?

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Law Offices of Thomas Maynard
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Lebanon, TN 37087

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