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divorce Archives

Divorce over 50

In the United States, divorce in the general population is decreasing. However, divorce among the baby boomers, or those over 50, is actually on the increase. Twenty years ago, one in twenty couples over the age of 50 were divorcing, now it is one in four. The reasons for this increase are many.

Divorce and the golden years

There are some things in life that simply cannot be avoided. For some Michigan couples, one of these things is divorce. In fact, the number of couples over the age of 50 deciding to divorce is an increasing number that is now almost twice what it was just 25 years ago.

Seeking guidance on how a divorce might impact one's finances

The end of a marriage will inherently bring about change to the lives of everyone involved. For individuals in Michigan who are facing divorce, many may consider it vital to take steps to protect their financial futures throughout the process. However, with little to no experience in the area, some may be uncertain how a similar process might affect this area of life, potentially prompting a need to seek guidance on how best to approach the situation.

Michigan divorce and pet custody

When a Michigan couple decides to end their marriage, many decisions will need to be made. Who will keep which assets and be responsible for which liabilities are often just the beginning. Custody issues often come in to play as terms of the divorce agreement are settled.

Money and divorce

In many Michigan families, the home is the central focal point for many decisions. Couples spend time selecting the home, taking care of it and building a life in it. Then, when this life is altered by divorce, the dilemma of who gets the home can become an issue.

Alimony and divorce may be affected by proposed tax changes

In many Michigan families, one spouse earns more than the other. In some cases, one individual works at home to take care of the family while the other pursues career opportunities. In other cases, one individual's career simply is more lucrative than the other's. Both spouses contribute to the family buy in different ways. This difference in financial compensation and contribution to the family can be accounted for in a divorce situation through the payment of alimony.

Divorce can be the happily ever after

Once upon a time, two people fell in love, got married and assumed they would live happily ever after. Fast forward a few months, a few years or even a few decades and that vision of happily ever after has changed. On almost a daily basis, at least one Michigan couple decides that divorce is a part of their happily ever after.

Financial planning as part of a Michigan divorce

Financial security is an important consideration when making long-term decisions. In some cases, individuals may decide that it is better to remain in an unhappy marriage rather than face the financial implications associated with a divorce. However, the majority of unhappy Michigan couples discover that while divorce does bring about a number of changes, once the financial aspects are addressed, each individual is able to move on and begin to create the life each desires.

More couples approaching golden years deciding to divorce

Retirement accounts, investment accounts and home equity are usually part of the equation as a Michigan couple grows older and approaches their golden years. However, research is also showing that for more and more of these couples, divorce is also becoming a reality. The number of Americans over the age of 50 who decide to divorce has almost doubled in the past 30 years.


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