Family Lawyers Serving Clients Throughout Arizona
Special Issues in Late Life Divorce

Special Issues in Late Life Divorce

If you are over 50 and considering divorce, you may be discovering that like everything else, divorce is different than it was when you were younger. Couples who divorce later in life divorce for the same reasons their younger counterparts do: financial trouble/pressures, regrets about past decisions, infidelity, a wish for greater independence or autonomy, etc. But when you get divorced as an older individual, everything is framed by the fact that you are older. You have life under your belt. You have more years behind you than you have ahead. Older couples facing divorce are also facing additional issues that younger couples don’t necessarily have to address: health concerns, losing parents and friends, additional tension added by proximity in retired life, as well as the ever unsettling loss of youth that seems even more distinct when a long-term relationship is ending.

The emotional impact of divorce is different later in life, but the most distinctive difference between divorce as a young person and divorce as an older person is that there is literally less time post-divorce to recover financially and emotionally. This is a reality that colors the decision that are made in the divorce process and one that is distinct and unique to late life divorce.

If you are considering divorce after 50, take a look at some of the challenges that could be ahead of you:

Division of Assets: Deciding who gets the house is often more difficult in late life divorces because keeping the house provides additional future benefits that are more important when you are older as age can trigger eligibility for real estate property tax exemptions/waivers, reverse mortgage eligibility occurs at age 62, primary residences are a factor in public benefits such as Medicaid, tax benefits of home ownership can be important in later years, home ownership could provide a potential rental income, etc. Division of retirement plans can be particularly complicated in late life divorce as well.

These are just a few of the issues unique to late life divorce. If you have questions regarding your own situation, please get in touch with the Arizona divorce lawyers at Arizona Family Law Attorneys as soon as possible. We can help you address the unique ramifications of the divorce process in accordance with your specific situation.
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