The adage says that "some things get better with age," but apparently marriage is not always one of them. Unfortunately, the divorce rate for older couples is increasing. A recent study by Susan L. Brown and I-Fen Lin, sociologists at Bowling Green State University, found that approximately one in four divorces in 2010 were couples age 50 or older. Although no clear explanation is available as to why rates are increasing, one thing is clear: the longer the marriage, the more assets can accumulate. This accumulation of assets creates complex situations if a couple separates. The important question is what one should do to prepare. The answer is easier said than done because of the emotional investment that is involved.
The first thing you will need to do is be aware of all the emotions you will undergo and manage them. The good news is that you are not alone in this process. Not only are support groups available, but don’t forget to reach out to close friends and family to get you through. Dealing with divorce is difficult, with so many emotions to deal with on top of trying to determine where you will stand financially when it’s over. Every situation is unique. Men and woman deal with divorce differently, sometimes in contrasting styles. Marriages may involve young children, older children or no children. The spouses may both be employed, one employed or even in retirement. Regardless of the situation, you must be prepared to deal with the divorce on many emotional levels. These emotions can evolve rapidly over time, so having someone to listen and assist you through this journey is essential.
