Grey divorce is a type of divorce for couples over the age of 50 that divorce after long term marriages. Often the children have left home, the parties are financially stable but emotionally unfulfilled or unhappy. There is a strong realization that he/she is in the fourth quarter of their lives, and it is a turning point to choose to stay or go. Are you facing a “grey divorce”? You are not alone. This type of divorce has doubled since the 1990s.
Grey divorces are “asset” divorces and involve careful consideration on how to thoughtfully divide retirement, brokerage accounts, and real property . Each party may face a step down socioeconomically but in exchange gain his or her freedom from the relationship and a chance to start over.
Causes for a grey divorce in Texas are often rooted in parties growing apart, empty nest syndrome, both parties being financially independent, particularly women. You may come to the realization that you have 20 to 30 more years to seek out and fulfill certain dreams, and that this is that fork in the road to make that gut wrenching choice.
At KGK Family Law PLLC we are prepared to answer your questions, guide you through the process, explain how assets can be divided in order to “walk you through” this difficult process. We are here to advocate for you every step of the way.
We serve Houston, Sugar Land, and throughout Texas. Visit any of our offices at:
KGK Family Law – Houston Office
7700 San Felipe St #505
Houston, TX 77063
KGK Family Law – Sugar Land
