Some people in Los Angeles might be under the impression that those who divorce late in life have an easier time than younger couples who divorce. But, while older couples still must resolve issues regarding spousal support and property division, but there are two topics that become more complicated as a couple ages.
Couples in Los Angeles who are engaged to be married are usually very much in love. They may feel they have a lot in common with their soon-to-be spouse, and anticipate a long and happy union together. However, one topic that is not always discussed prior to walking down the aisle is that of money. For some couples, this can be a costly mistake. Disagreements about how to handle money in a marriage can sometimes lead to divorce. Therefore, it can help for couples to discuss money well before their wedding day, so they can be on the same page about how to handle it.
When a couple in California marries and moves in together, they will have to divvy up the household chores. For example, one spouse might be in charge of the laundry, while the other cleans the bathrooms. Or, sometimes one spouse writes the other a "honey-do" list of chores they'd like their partner to complete. Of course, disagreements about who should do which chores will happen. Sometimes one spouse feels like they are taking on the lion's share of the housework, and that their partner is not pulling their weight when it comes to chores. Couples fight over chores from time-to-time.
When a couple in California goes through a divorce, financial issues such as property division and spousal support will come up. There is often confusion about exactly how the settlement of these issues will affect a person financially. This post will go over some misconceptions a person might have with regards to money and divorce.
When a couple in Los Angeles divorces, they may find that their disagreements carry on throughout the divorce process. After all, each party does not want to get short-changed in the final settlement. The stakes are raised in a high net worth divorce, where a significant amount of money is involved.
One thing some married couples in California who are constantly fighting can actually agree on is that they want to end their marriage. However, they may be discouraged in thinking that divorce is a lengthy process that will cost them a lot, financially and emotionally. They may wonder if there are any alternatives. While most couples in California seeking to end their marriage will have to go through the normal divorce process, it may be possible in certain situations to end a marriage through a "summary dissolution."
Some couples in Los Angeles pursuing a divorce may first try to mediate their divorce before going to the courtroom. It is important that couples looking to mediate their divorce understand the mediation process.
Between Hollywood, Silicon Valley, and all points in between, California is truly a state where a person from humble beginnings can become a very wealthy individual. And, like people across the nation, oftentimes when a couple marries, over the years their assets accumulate in a way that substantially increases their net worth.
Most couples don't expect to find themselves slogging through a divorce after 30 years of marriage. However, it happens more often than one might think and presents its own set of unique challenges. Late-in-life divorce is sometimes referred to as a "silver divorce" or "gray divorce." Some reasons for these situations involve infidelity, regrets, and financial issues. While older, more mature adults may be able to handle the emotional pitfalls of a divorce better than a young couple, that doesn't mean it is any less painful or less tedious to resolve. In fact, late-in-life divorce comes with some unique considerations to take in.
Not every marriage is meant to last. Whether a couple in California gets by paycheck-to-paycheck, or whether they are wealthy individuals with many valuable assets, their marriage can hit the rocks for a variety of reasons, leading to divorce. One high-profile couple's divorce demonstrates just that.