Regardless of one’s age, divorce can be a highly emotional process. Ending a marriage is no easy decision, and when older adults over the age of 50 get divorced in “gray” divorces, the stakes can be even greater. Gray divorces present unique challenges, especially when it comes to the financial aspects of the dissolution of marriage. If you are approaching your gray divorce and you are wondering how long the process may take you, contact a lawyer in Illinois, as they will be able to answer your questions while providing you the legal guidance you need and deserve at this time.
Critical Elements of Gray Divorce
With life expectancies on the rise, gray divorce has become increasingly common as more and more older adults are deciding to end their marriage on a quest to find that special someone, even in the later stages of their life. While the reasons for gray divorce vary significantly, some common factors include empty nest syndrome, growing apart over the years, or simply wanting to pursue personal happiness in the twilight years. However, unlike regular divorces, gray divorces often involve more intricate financial considerations due to the accumulated wealth and retirement funds of older adults.