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From Our Blog

Why is the Divorce Rate for Older Americans Still Increasing?

The divorce rate in America has long been a topic of interest, and in recent years, attention has turned to divorces involving Americans who are over the age of 50....

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How Can Divorcing After the Age of 50 Affect My Financial Situation?

There are very few, if any, life situations that could be called “easy” when it comes to divorce. When it comes to gray divorce, that is, divorce involving one or...

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Is Legal Separation a Good Alternative to Divorce for Spouses Over 50?

If you have reached middle age or have been married for decades, the prospect of divorce can be difficult to contemplate. After spending so much of your life with your...

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Will I Be Responsible for My Spouse’s Tax Debts After a Gray Divorce?

When getting divorced later in life, you may encounter a variety of financial issues related to your marital home, your retirement savings, or other parts of your life. In addition...

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Divorce Over 50

Attorneys Serving DuPage County, Kane County, and Kendall County, Illinois

Are you over the age of 50 and considering a divorce? If so, you are not alone. Over the last few decades, the divorce rate for older Americans has more than doubled. There are many reasons for this increase, including a strong desire by older adults to be truly happy and content during their “golden years.” As their children grow up and leave home, many couples realize that they have simply grown apart and decide not to spend the rest of their lives feeling unhappy or discontent.

Commonly referred to as “gray divorce,” divorce between spouses over age 50 generally involves concerns that are quite different from divorces involving younger spouses. Older couples have often been married for many years, which means there are usually more complicated assets such as real estate holdings and businesses to account for during the process. In addition, retirement may be imminent, which could affect the awarding of spousal support. Health issues and insurance considerations may also play a significant role in the proceedings. At Goostree Law Group, our attorneys have the experience, resources, compassion, and knowledge to help you manage your gray divorce while fully protecting your rights.

Dating Over 50

Kane County Attorneys

If you are getting divorced as an older adult, you might have started to think about dating again—at least at some point in the near future. However, if you have been married for many years, you may be surprised at how much the dating landscape has changed. Dating websites and mobile phone apps have become the norm, which can be overwhelming if you have not kept up with advances in technology. It is also important to keep in mind that dating during your divorce could complicate the process, and our attorneys can help you avoid potential problems.

The Family Home

For many couples, the family home is the largest investment they will ever make. Even if you have other assets that are more financially valuable, your marital home is also likely to have a significant amount of sentimental value as well, especially if you and your family lived there for many years. More than a building, your home may feel almost like a member of your family—the place where you watched your children grow up and where countless memories were made.

It is understandable that you might wish to keep your home in the wake of a divorce, and our attorneys will do everything we can to help you do so. We will analyze your financial situation and assist you in taking the necessary steps toward assuming full ownership of your home if the circumstances allow. If not, we will work hard to ensure that the sale of your home is completed smoothly and that you receive an equitable share of the proceeds.

Frequently Asked Questions

  • How do I start over financially at 50 years old?

  • Will I have to pay spousal support if I am retired?

  • Should I keep the family home?

  • I have never had a career. What do I do now?

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