Work is a large part of most people's lives, and couples across Pennsylvania know that the career path they choose can impact other parts of their lives, including their marriages. A recent study used data from the U.S. Census Bureau to measure which jobs had the highest divorce rates for people by age 30.
As any divorcing couple in Pennsylvania knows, trying to get along for one another through the feelings of frustration, anger and sadness that often accompany a divorce is no small feat. But new studies show that going through the stressful and acrimonious divorce of parents can have lasting effects on the health of the children--reaching into adulthood.
While divorce can be complicated no matter how long a couple is together, as those who divorce in their older age will find, there are specific concerns those over 50 will face that may not be at the top of mind for their younger counterparts. Gray divorce, or couples ending their marriage after age 50, is on the rise, according to the Pittsburgh Post-Gazette, and a quarter of those seeking divorces in 2010 fell into the gray divorce category. While some of the marriages that are ending were first marriages, the baby-boomers now seeking divorce are also subsequent marriages, which tend to end in divorce at a higher rate.
Couples facing divorce know the stress and anger that can put a strain on families, and a new Pennsylvania law has reduced the amount of time it takes for some couples to divorce. The law, according to ABC 27 News, will cut the waiting period in half for couples in a no-fault divorce where one spouse does not agree with the divorce. This means a separation will now be required for one year before the spouse favoring divorce is able to file.
When divorcing, among the many types of assets that Pennsylvania residents may be splitting are retirement accounts. However, when dividing up retirement assets, some special care may be required in order to avoid paying high taxes or early withdrawal fees. Depending on the type of account being split, a qualified domestic relations order may be needed.
Divorcing couples in Media are typically encouraged to reach an amicable agreement regarding the dissolution of their marriages. If they are able to do so, they may be able to avoid having their proceedings heard in court, thus shortening the time needed to resolve their issues and formally end their marriages. However, any accords made in a separation agreement achieved through collaboration become legally binding once that agreement is signed. Any attempts by either side to not fulfill individual obligations could result in their case spilling back into a courtroom.
Courts across the country have plenty of laws and guidelines related to child custody and visitation. Things get trickier, however, when it comes to deciding who should get the beloved family pets.
Going through a divorce can be very stressful, and while you may have a lot on your plate during and after this time, there are a few things you need to prioritize in order to safeguard your financial future.
Pennsylvania residents who may be considering divorce in their 50s or even later in life should know that they are far from alone. The baby boomer generation has led the way in many things and today they continue to do so in the world of divorce. According to data from the Pew Research Center, the number of people ending their marriages after the age of 50 jumped by 109 percent in the 25 years spanning from 1990 to 2015.
As a social concept, divorce isn't something we strive for. The preference, supported by the laws of Pennsylvania and other states, is to see individuals succeed when they marry. Indeed, some family laws on the books serve as hurdles to divorce, especially if the dissolution involves children.