Divorce later in life can feel uncertain, especially if you spent much of the marriage managing the home and raising children. If you are a homemaker facing a “gray divorce,” (divorce after 50) you may wonder how the law treats your financial contributions. Colorado...
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Gray Divorce
Does gray divorce impact Medicare benefits?
Medicare is a government insurance program that helps retired adults access medical care while living on a fixed income. They don’t need to pay out of pocket for basic medical needs or worry about paying for costly monthly health insurance premiums. While Medicare...
Do adult children influence a parent’s care during a gray divorce?
Gray divorce often brings unique challenges that go beyond the couple themselves. Unlike younger families, the concern is not usually about child custody but about how adult children fit into new family roles. Questions often come up about whether grown children have...
3 reasons to consider a postnup ahead of a gray divorce
Divorce at any stage of life is challenging, but when it happens later in life (often known as “gray divorce”), the stakes can be even higher. For couples who have spent decades together, shared assets, retirement plans and intricate financial entanglements can add...
How to protect your retirement savings during gray divorce
Ending a long marriage near retirement age brings unique financial challenges. For many Broomfield seniors, splitting retirement savings feels like watching years of planning unravel. But with the right approach, you can safeguard your financial future despite this...
For this age group, the divorce rate has tripled
If you are under 45 years old, your divorce rate is probably going down. That’s what has been happening to most young age brackets over the last few decades. However, that doesn’t mean that it’s true for everyone. A study was carried out by the National Center for...
2 symptoms of empty nest syndrome
Raising a child is emotional on many levels for parents. Every day is a busy one until that child grows into an adult. Generally, parents enjoy this time but it’s a lot of hard work too. Nevertheless, the rollercoaster of emotions doesn’t stop once the child leaves...
The most common causes of gray divorce
Across most demographics, divorce rates have declined in recent years. However, gray divorce has bucked this trend. Gray divorce refers to couples aged 50 or over. There are several reasons why couples of this age may get divorced. Outlined below are some of the more...
Hope after the storm: healing from parental alienation
Parental alienation is not a new concept, yet in recent years, psychology has shed light on this phenomenon and courts now understand more about what it means in the context of divorce, child custody and how it works. What is parental alienation? Parental alienation...
What happens in second divorces if you already pay alimony?
In Colorado, factors such as marriage length and each spouse's financial resources help determine alimony amounts and duration. However, when people divorce for the second or third time, they may wonder about paying alimony to multiple people. After all, the existence...
