Studies have shown that for the youngest demographics, the divorce rate in the U.S. has declined from what it was a couple of decades ago. However, for older age groups, including those over the age of 50 the divorce rate has increased.
There have been several theories about what is behind the rise in divorce for people over 50, often called "Gray Divorces." One of the most common theories is that these divorces are the result of marriages that have been rocky for years and the couple chose to stay married until their children were out of the home.
On the other hand, research now suggests that is probably not the case as the Institute for Family Studies discussed in "Who is at Risk for a Gray Divorce? It Depends."
The research found that children leaving the home did not seem to be a factor in the increase in gray divorces. Instead, divorce was deemed more likely in couples of lesser means and for couples who were not on their first marriage.
The quality of an individual marriage was also a factor. For example, how well the couple enjoyed their free time together, plays a role in whether they get divorced.
Figuring out why older people are getting divorced, in Cincinnati and elsewhere, at a more frequent rate is important for public policy.
Single elderly people have higher rates of poverty than their married peers. They also have more difficulty finding a support network for needed care.
While this study is not definitive, it gives important clues for policy makers to start addressing the problem of gray divorce.
Remember: “An ounce of prevention is worth a pound of cure.” When making your estate plans or when probating an estate or administering a trust, do not go it alone. Be sure to engage a Cincinnati estate planning attorney.
For more information about estate planning, probate or trust administration in Cincinnati (and throughout the rest of Southwest Ohio) and to review free resources regarding estate planning, probate or trust administration, visit my website. If you have questions regarding this article or a particular legal matter, feel free to contact me at 513-399-PLAN (7526).
Reference: Institute for Family Studies (May 1, 2017) "Who is at Risk for a Gray Divorce? It Depends."