April 03, 2013 (Press-News.org) No signs that the "gray divorce" trend will be slowing
Article provided by Anthony C. Williams & Associates, PC
Visit us at http://www.anthonywilliamslaw.com
The overall divorce rate in America has lessened in recent years. More couples than ever before are working through their differences and staying together. That doesn't apply to one segment of the population, though. The "baby boomer" generation - couples over the age of 50 - are divorcing at record high rates.
The rate of divorce for couples in their 50s and 60s has more than doubled since 1990, and that doesn't even account for remarriages, which traditionally have a higher rate of divorce than first marriages.
It seems like some couples are hitting a breaking point where they don't feel that the marriage can be saved, so they take steps to end it and start a new life. Others are suffering from "empty nest" syndrome and interested in personal growth for the first time since their children are now grown. Still more have realized that, for some couples, a longer life span has led to more disagreements, particularly if one party (or an elderly parent) is dealing with health problems, something that causes a great deal of stress.
The complications of late-life divorce
Couples who have been married for decades are much more entangled financially and socially than those who are just starting out. Middle-aged couples tend to own homes jointly, have shared checking accounts, have accumulated collectibles (like art or antiques) and jointly own automobiles. Some of these assets might end up being sold so that the couple can arrive at an equitable property settlement. Since the housing market - and the economy as a whole - is still recovering, they may find themselves taking a substantial loss.
Furthermore, older couples typically share investments, stocks or savings accounts set aside for retirement that must now be split between them and fund two separate retirements instead of one. Even couples who have been very responsible about retirement planning might find themselves unable to afford it once funds have been divided. Late-life divorces can effectively stop upcoming retirement plans in their tracks as parties who had planned to retire in the near future are now forced to work longer to recoup some of the financial loss that results from splitting the assets.
They also usually have friends and adult children who might feel pressured to "pick a side" if the divorce is contentious.
Moving forward
Are you considering a divorce? Do you have questions about issues that might arise from a divorce? Regardless of how long you have been married, the decision to dissolve a marriage is an important one that must be carefully considered beforehand. If you would like more information about a divorce - regardless of what stage of your life you are in - seek the advice of an experienced family law attorney in your area.
No signs that the "gray divorce" trend will be slowing
The divorce rate remains high for middle-aged couples in Virginia and around the country.
2013-04-03
ELSE PRESS RELEASES FROM THIS DATE:
W.Va. scholars suggest disabling cellphones in vehicles
2013-04-03
W.Va. scholars suggest disabling cellphones in vehicles
Article provided by Brewer & Giggenbach, PLLC
Visit us at http://www.bglawhelp.com
Distracted driving has become a serious problem on our roads in West Virginia and across the country. According to the National Highway Traffic Safety Administration, 3,331 people died in distracted driving collisions in 2011 -- an increase of almost 65 fatalities from the year prior. In addition, approximately 387,000 people sustained personal injuries in distracted driving accidents in 2011. Consequently, researchers have ...
New drug shows promise in helping people with spinal cord injuries
2013-04-03
New drug shows promise in helping people with spinal cord injuries
Article provided by Piro, Zinna, Cifelli, Paris & Genitempo, P.C.
Visit us at http://www.pirozinnalaw.com
According to the Centers for Disease Control and Prevention (CDC), spinal cord injures are a significant problem in the United States. Since the spinal cord is the conduit through which signals between the brain and the body are transmitted, any damage to this vital skeletal formation can cause neurologic impairments that can permanently affect the respiratory, urinary, gastrointestinal or ...
DUI breath tests no good when South Carolina cops give bad instructions
2013-04-03
DUI breath tests no good when South Carolina cops give bad instructions
Article provided by Christopher A Wellborn PA
Visit us at http://www.wellbornlawfirm.com
In many drunk driving cases, breath tests results are one of the foundational pieces of evidence relied upon by the prosecution. Yet, just like any other test, the results can be skewed when a breath test is not properly administered.
"Blow hard" not correct instruction, thus breath test evidence was thrown out
In an order issued in mid March, a judge in Columbia, South Carolina threw out ...
Study shows texting while driving similar to driving drunk
2013-04-03
Study shows texting while driving similar to driving drunk
Article provided by Harper, Evans, Wade & Netemeyer
Visit us at http://www.lawmissouri.com
While most Americans understand the risks associated with drinking and driving, the dangers of distracted driving are still being revealed. According to a recent study published in Traffic Injury Prevention, the two types of hazardous behavior may be surprisingly similar.
The study revealed that drivers who are distracted by cellphones -- particularly those who text while driving -- are just as dangerous on ...
New hours of service rules for truckers challenged in court
2013-04-03
New hours of service rules for truckers challenged in court
Article provided by Rensch & Rensch Law
Visit us at http://www.renschandrensch.com
The duties of a truck driver require long hours on the road, away from home. In order to ensure the safety of both truck drivers and other motorists on the road, certain regulations are in place that specify -- among other things -- how frequently they must stop and rest.
These regulations, referred to as hours of service rules, are meant to ensure truck drivers are alert while behind the wheel. In a few months, new ...
New York strictly enforcing new multiple offender DWI regulations
2013-04-03
New York strictly enforcing new multiple offender DWI regulations
Article provided by Greenspan & Greenspan
Visit us at http://www.greenspans-law.com
Ever since New York adopted harsher penalties for individuals convicted of multiple driving while intoxicated offenses, the number of people who have lost their licenses has been on the rise. According to data from New York's Department of Motor Vehicles, almost 2,000 applications for driver's licenses have been denied since the rules took effect.
The rules provide for different outcomes, depending on the driver's ...
Court limits use of drug-detecting dogs
2013-04-03
Court limits use of drug-detecting dogs
Article provided by Dziedziak & Marcus, P.C.
Visit us at http://www.dzmlaw.com
Police departments across the country have a large number of officers focused on the investigation of drug crimes that are occurring in their cities. These investigations often lead to many agencies working together to try to catch the individuals responsible for introducing the drugs into the community. If police learn any evidence about the source of the drugs, they will be aggressive in trying to make an arrest.
Once an arrest has been ...
Divorce mediation offers numerous benefits
2013-04-03
Divorce mediation offers numerous benefits
Article provided by Antonioni & Antonioni Law Office
Visit us at http://www.antonionilaw.com
There's no secret about it -- divorce is difficult. It also can be costly. Many people think of the divorce process as being full of conflict and hostility. However, it doesn't have to be that way. Increasingly, divorcing couples are choosing mediation as a way to avoid some of the conflict and expense of adversarial divorce litigation.
The divorce mediation process
Mediation involves a neutral, third party moderator who ...
NPR series on Social Security Disability reignites disability benefits debate
2013-04-03
NPR series on Social Security Disability reignites disability benefits debate
Article provided by The Law Office of Jim McKown
Visit us at http://www.indianassdlawyers.com
A recent series/expose by National Public Radio (NPR) reporter Chana Joffe-Walt has reignited the ongoing, contentious discussion about what role Social Security Disability (SSD) and other social welfare or disability benefit programs like Supplemental Security Income (SSI) have in American society today. Specifically, the piece focuses on the debate between two polarizing segments:
-Those who ...
Survey says many Americans lack sufficient savings for emergencies
2013-04-03
Survey says many Americans lack sufficient savings for emergencies
Article provided by John Christopher Robinson
Visit us at http://www.debtfreeky.com
According to a recent survey by Bankrate.com, many Americans do not have sufficient savings to cover a financial emergency such as a job loss or unexpected medical expenses. Although experts recommend that people save enough money to cover their regular expenses for at least three months, it appears this advice has fallen on deaf ears for many.
During the survey, Bankrate.com asked people whether they have more ...
LAST 30 PRESS RELEASES:
Thirty-year mystery of dissonance in the “ringing” of black holes explained
Less intensive works best for agricultural soil
Arctic rivers project receives “national champion” designation from frontiers foundation
Computational biology paves the way for new ALS tests
Study offers new hope for babies born with opioid withdrawal syndrome
UT, Volkswagen Group of America celebrate research partnership
New Medicare program could dramatically improve affordability for cancer drugs – if patients enroll
Are ‘zombie’ skin cells harmful or helpful? The answer may be in their shapes
University of Cincinnati Cancer Center presents research at AACR 2025
Head and neck, breast, lung and survivorship studies headline Dana-Farber research at AACR Annual Meeting 2025
AACR: Researchers share promising results from MD Anderson clinical trials
New research explains why our waistlines expand in middle age
Advancements in muon detection: Taishan Antineutrino Observatory's innovative top veto tracker
Chips off the old block
Microvascular decompression combined with nerve combing for atypical trigeminal neuralgia
Cutting the complexity from digital carpentry
Lung immune cell type “quietly” controls inflammation in COVID-19
Fiscal impact of expanded Medicare coverage for GLP-1 receptor agonists to treat obesity
State and sociodemographic trends in US cigarette smoking with future projections
Young adults drive historic decline in smoking
NFCR congratulates Dr. Robert C. Bast, Jr. on receiving the AACR-Daniel D. Von Hoff Award for Outstanding Contributions to Education and Training in Cancer Research
Chimpanzee stem cells offer new insights into early embryonic development
This injected protein-like polymer helps tissues heal after a heart attack
FlexTech inaugural issue launches, pioneering interdisciplinary innovation in flexible technology
In Down syndrome mice, 40Hz light and sound improve cognition, neurogenesis, connectivity
Methyl eugenol: potential to inhibit oxidative stress, address related diseases, and its toxicological effects
A vascularized multilayer chip reveals shear stress-induced angiogenesis in diverse fluid conditions
AI helps unravel a cause of Alzheimer's disease and identify a therapeutic candidate
Coalition of Autism Scientists critiques US Department of Health and Human Services Autism Research Initiative
Structure dictates effectiveness, safety in nanomedicine
[Press-News.org] No signs that the "gray divorce" trend will be slowingThe divorce rate remains high for middle-aged couples in Virginia and around the country.