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Divorce among older Florida couples

The divorce rate among couples over 50 has doubled since 1990, but this is still the age group that is least likely to get a divorce. However, according to a study by the National Center for Family & Marriage Research, there are a few factors that might make some marriages in Florida and throughout the country more vulnerable.

One of those factors is whether or not the marriage is a first marriage or a later one. People who are still in a first marriage are less than half as likely to get a divorce after the age of 50 compared to people who are in a second or subsequent marriage. The higher likelihood of divorce remains true even when the second marriage has lasted a long time. For example, second or later marriages that have lasted for at least 40 years are still nearly three times more likely to end in divorce than first marriages.

Another factor is assets. Couples who own property together are less likely to get a divorce. Those who have more than $250,000 in assets have a 38 percent less chance of divorcing than couples who have $50,000 or less in assets. Factors that did not show a correlation with divorce after age 50 include retirement, chronic health problems, and children leaving home.

Divorce for couples older than 50 may present different issues compared to divorces for younger people. For example, how retirement accounts will be divided could be a bigger issue for couples who have less time to continue saving toward retirement. Children may be no longer living at home or might be on the verge of leaving home, so child custody and visitation agreements may be less of an issue, but alimony could be important. Family law attorneys could help these clients negotiate a settlement that covers these and other applicable matters.

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