Many people automatically assume that going through a divorce will be one of the worst periods of their life, and that the aftermath will leave them feeling empty, lonely or like a failure. While the divorce process can be challenging, it can be a very positive experience and can help both divorcing spouses to grow as individuals, heal from their pasts, and go on to live happy and fulfilled lives.
How will my life change after divorce?
How divorce can complicate estate planning
Divorce is a common part of modern life, as it can happen to anyone. It can affect multiple parts of a person's current life as well as his or her future. Though many people assume that younger married couples account for most divorces, studies show that may not be the case, as rates of divorce among older adults are rising in a phenomena commonly called "gray divorce." Gray divorce can be particularly complex as both parties attempt to determine how they will handle estate planning going forward. A recent survey among divorce and financial professionals may be of interest to Texas residents concerned about the effects of gray divorce on an estate plan.
