Divorces in Arkansas do not just happen to people in their 20s, 30s or 40s. Older couples are actually getting divorced more often these days than in the past. When you get a divorce and are over the age of 50, it is a gray divorce. While gray divorce does not happen as often as divorce with younger couples, according to Psychology Today, it is becoming more common.
You are more likely to get a grey divorce if you have been through a divorce before. If this is your second, third or subsequent marriage, your chances increase for a divorce, which is the same at any age. The thing with grey divorce is that in most cases, divorce is something inevitable. Everyone around you will already know a divorce is likely because there will have been signs.
Another point about grey divorce is that is it more common in lower income brackets. The thought is wealthy couples fear the financial implications of a divorce and choose to stick it out rather than go through dividing their assets. The issue is that divorce is harder on lower income couples.
Divorce is hard at any age, but divorcing when you are older could be even more difficult because you have been together for so long. Emotional is it hard, but financially, it may be even harder because your assets are so comingled. It can make the division tougher.
There are many things to think about when considering divorce at any age, but grey divorce comes with its own challenges that you also want to keep in mind. This information is for education and is not legal advice.