So-called Gray Divorces on the Rise in Florida
On behalf of The Law Offices of Cindy D. Sackrin posted in Divorce on Friday, November 2, 2012.
A recent study revealed that divorces amongst those between 46 and 64 years of age have risen by over 50% in the past two decades. By contrast, in 1970, only 13% of people in this same age group were seeking a divorce. Some of those seeking a divorce today are in their 70s.
Following the national trend, Florida family law attorneys are increasingly offering counsel to these individuals. Family law professionals are hearing that reasons for the divorce requests include alcohol and gambling addictions, infidelity, financial problems and the impact of external stress or differing life goals as baby boomers enter their so-called "golden years" wishing to be unmarried.
Though divorce can be a difficult process, with a proper understanding of some of the results and what to expect, divorce can be made less stressful. When it comes to property division, the court will divide the property of the couple seeking divorce after it has excluded property acquired prior to the marriage, as well as gifts and inheritances. The court will then examine each party's economic circumstances and financial plans for the future to reach an equitable distribution of non-excluded property. In making the property division, the party's can also agree, amicably, on the division of certain property, but if they are unable to agree the court will be required to intervene to make a determination.
The court can also determine spousal support obligations, also known as alimony. Spousal support is determined according to the unique facts of the marriage and the financial circumstances of the parties.
Understanding the divorce process may provide some peace of mind at any age. Regardless of the age of the divorcing parties, understanding expectations can help with emotions.
Source: Bradenton Patch, "Gray Divorce Is New Trend," Dale Hutchings, Oct. 23, 2012.