pa divorce finances attorney | Pennsylvania Family Law Blog - The Law Offices of Sheryl R. Rentz
Deciding to divorce at any age is always a hard choice to make and a difficult experience, but getting divorced over the age of 50 can be especially complicated and can be filled with pitfalls and rules that younger couples may never have to consider. According to a SmartMoney.com news report, the overall divorce rate has decreased slightly over the past two decades, but data from the National Center for Family & Marriage Research at Bowling Green State University reveals that the rate for couples over 50 has doubled.
As the stakes are likely to be higher for divorcing couples over 50 for several reasons, such as a pair having more assets like real estate, obtaining a favorable settlement is particularly important. As such, here are some common mistakes for the over-50 set, which may lead to a lower settlement or you having to pay your ex more than you should. Read the rest »