So-called "gray divorce," or divorce over 50, is growing increasingly common in today's society. Although it's still more common for younger people to divorce than those in their middle years and later, the rate of gray divorce in the U.S. has doubled since 1990. At least some of this is explained by the aging of the Baby Boom generation, which has been less reluctant to divorce overall than previous generations.
In 2012, the Justice Department tried to determine how common stalking is in the U.S. They estimated that about 1.5 percent of all American adults had been victims of stalking. For people who were divorced or separated, the number was more than twice that, at 3.3 percent.
When it comes to divorce, there is one major consideration that is different for parents of special needs children. Your child may not transition to normal adulthood at age 18. You may be co-parenting with your divorcing spouse for a long time to come. Moreover, certain financial choices you make during your divorce could not only impact their lives but also affect their eligibility for benefits.
If you've just finalized your divorce, it can feel overwhelming to assess your financial situation. The divorce process can be complex, emotional and time-consuming, the result may be a much different financial situation than you were in during your marriage.
In a divorce, marital assets are divided. The same goes for marital debts. The division of debts is the beginning of building a strong credit history for yourself as an individual.
Gone are the days where the wife automatically stays home to raise the children, while the husband goes off to work each day. It may have been this way for many of our grandparents, or even parents, but nowadays it is the norm for both the husband and wife to work. Not only this, increasingly it is the wife who is the breadwinner of the family, out-earning the husband.