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10 min read.

Divorce among couples aged 50 and over is often called grey divorce, and this has risen significantly in recent years. 

Longer life expectancy, financial independence and changing expectations of later life can all play a role. 

But divorcing later in life brings a new set of challenges, particularly around pensions, property and long-term financial security. 

Pensions are the Most Overlooked Asset 

For many couples over 50, pensions are the largest marital asset, often exceeding the value of the family home. Yet they are frequently overlooked or misunderstood. 

Here are four key considerations: 

Bowcock & Pursaill work closely with financial advisers to ensure pensions are valued correctly and divided fairly. 

What happens to the Family Home after a Divorce? 

Deciding what happens to the family home can be emotionally and financially difficult.  

Here are some options available: 

Your long-term housing needs must be balanced with your retirement plans. 

What happens to the Family Home after a Divorce? 

Deciding what happens to the family home can be emotionally and financially difficult.  

Here are some options available: 

Your long-term housing needs must be balanced with your retirement plans. 

What is the Impact on Adult Children? 

Even when children are grown, divorce still affects the family dynamics. Issues can arise around inheritance planning, helping children onto the property ladder plus support for university-age children.  

Our team of Family Law solicitors help clients navigate these sensitive conversations. 

Planning for the Future 

A grey divorce requires careful planning. By working with our family law solicitors you can: 

Need Impartial Legal Advice? Get in Touch Now  

If you’re considering divorce later in life, specialist advice is essential. Bowcock & Pursaill can guide you through every step; get in touch today for impartial legal advice around divorce.

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