Saturday, August 27, 2016
Arlene G. Dubin & Rebecca A. Provder (Moses and Single LLP) recently published an Article entitled, The Gray Divorce Phenomenon, (2016). Provided below is a summary of the Article:
An 82 year old client wanted a divorce from her husband of 57 years. When asked why, she responded, “I want to live a little before I die.”
A study conducted in 2014 reveals that the divorce rate for individuals 50 and older has doubled in the last 20 years. Two decades ago, individuals 50 and older accounted for about 10% of divorces. Recently, the divorce rate for this age group spiked to approximately 25%. What’s more, approximately half of those divorces occurred in first marriages.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.