A divorce is something you’re dealing with and know will eventually come to an end, but that doesn’t mean it isn’t difficult right now or that it will be easy to complete. It can be particularly hard if you’ve been with your partner for a number of years. In those cases, your lawyer may have to help you separate decades of life spent together.
The rise of so-called “grey” divorces in Canada shows that more people are dealing with divorces later in life than ever before. Long-term marriages are no longer looked at as marriages that have to last; sometimes, even older couples decide they no longer want to be together. It’s becoming more common for those over the age of 65 to seek out a divorce, too.
Who is usually the one filing for divorce? The American Association of Retired Persons has done research that suggests it’s women who are more likely to ask for a divorce. Despite this, it’s been shown that men are the ones who tend to come out of divorce in a better situation in Canada. That’s because they have often been working for a longer time and at a higher pay.
That means that with greater contributions to the private pension plans available, the Canada Pension Plan and other savings accounts, these senior men have a more comfortable living arrangement in many cases following divorce. Senior women who haven’t been in a financial situation to do the same may find themselves struggling financially, which is why lawyers can fight for a fair split of current assets to level the income disparity.