People frequently view property division with a great deal of consideration given to the financial impact of dividing marital property. However, some may overlook other aspects of property division which can be equally challenging, such as various emotional considerations that arise as a result of this issue. For example, some people may have a great deal of anxiety over addressing property division in court or losing key assets. Others may struggle with depression once marital property has been divided, whether they feel as if their former spouse should not have received certain assets or they are upset about losing items with sentimental value.
As the Institute for Family Studies points out, gray divorces are on the rise with baby boomers leading the pack for most divorces over 50. Facts such as this lead many older married couples to wonder, are their marriages in trouble? If you worry about the state of your Texas marriage, IFS's gray divorce statistics may interest you, as many yield common patterns among divorcing couples.
When going through a divorce, it's important to separate fact from fiction. If you neglect to do so, you could make a mistake that costs you time and money, while also adding more stress to the process.