Many Pennsylvania residents who are over the age of 50 decide to get divorced. While there are many different reasons that people choose to do so, people who are older have special factors that they should consider before they decide to go through with their divorce plans.
As people draw closer to the retirement age, they simply have less time to save money so that they can retire comfortably. When they choose to get divorced close to when they will retire, they will not have much time to save. This might mean that people who have not yet retired will be forced to remain in the workplace. Those who have already retired may find themselves living in financially difficult circumstances, or they may be forced to return to the workforce.
When people have spent years accumulating assets and money during their marriages, they should understand that they will have to divide them with their spouses if they divorce. This may leave both spouses with much less than they expected. In addition to dividing property, people may also lose friends who side with their spouses and have less emotional support as a result.
Deciding to file for divorce is an important decision that should not be made lightly. In some cases such as abuse, it is imperative. In others, people might want to first try to work things out. In situations in which people still want to get divorced, they might want to talk to experienced family law attorneys who understand the types of complex issues that older people face. The attorneys may explain to their clients the types of impacts that they might expect. They might also advise them about ways to minimize potential tax consequences and to protect their retirement.