Divorce rates for individuals who are 50 and older has doubled over the past 20 years. This is in spite of the fact that overall divorce rate in Ohio and throughout America has declined over the past two decades. When couples in this age range end their marriages, it is referred to as a grey or silver divorce, and there are many reasons why older people choose to end their marriages.
Money can be a common reason why older couples divorce
If you and your spouse tend to fight about money, it may be a sign that your marriage won’t last. Disputes may arise if you prefer to save or invest conservatively while your spouse prefers to invest in volatile equities or spends recklessly. Disputes may also arise if your spouse controls the household finances and makes the majority of decisions about how money is spent or invested.
Longer life spans can increase the risk of divorce
There is less of a stigma surrounding divorce today than there was in previous generations. Therefore, you may feel that it is better to spend the last 10 or 20 years of your life with a partner who makes you happy or fulfilled. This may be especially true if your spouse has given up on trying to stay mentally or physically fit. Even if your spouse is still mentally and physically healthy, it isn’t uncommon for people to simply grow apart over time.
Your partner might be unfaithful
If your spouse has sex with another person, it may damage or permanently break the trust that existed between yourself and that person. The same may be true if your spouse has a drug, alcohol or any other type of addiction that he or she isn’t willing to get help for.
Regardless of why you’re thinking about getting a divorce, you may not want to go through the process of ending a marriage on your own. An attorney may review a prenuptial agreement or take other steps to help you obtain a favorable divorce settlement.