While there has been a trend of divorce rates lowering in the United States, this cannot be said for those over 50 years of age. In fact, divorce rates for this age group have been increasing since the 1990s.
Divorcing at any age is a major decision and the process is rarely easy for anyone involved. However, gray divorce can be especially trying because, as you get older, it may feel more difficult to start afresh — both personally and financially. Nevertheless, many people do manage to build a new life after divorcing at an older age. Identifying some of the unique challenges that gray divorce presents could help you prepare.
Adult children can be overwhelmed
The divorce process can be hard on younger children, and it is by no means easy on adult children, either. Adult children are often focused on building a career and ensuring that their own children are cared for. When their parents get divorced, priorities can shift and their lives face significant disruption.
Typically, younger children are protected from the more intimate and personal details of their parent’s divorce. This is not always the case in a gray divorce. Parents may share more of the emotional burden with older children, as they feel they are able to handle and process sensitive matters. This can cause embarrassment for all parties and may even lead to adult children having to choose sides.
Financial challenges
Gray divorce can also result in unique financial challenges for divorcees. Perhaps you have been out of work for an extended period of time. With the loss of one income, it is highly likely that you will need to find work again.
Divorce may also have implications for your healthcare plan. It is possible that you were included in your former spouse’s work-sponsored health insurance. Being on your own means that you will have to find your own health insurance coverage, which can be costly.
Gray divorce in Texas can be challenging, but it is perfectly feasible for you to build a new life. Part of this process should involve becoming familiar with your legal rights.
