"Gray divorce" is an undeniable reality.
Waiting is one of the most fundamental and inescapable of human activities.
The idea of a double life often invokes the image of a cheating spouse with two unsuspecting partners living two opposite lives. The truth is that over the past several years, a lot of couples were living a double life that had nothing to do with infidelity. We are talking about couples that didn't think divorce was a viable financial option during the recession.
In the United States, the average marriage lasts for eight years, according to data from the Centers for Disease Control and Prevention. During those eight years a couple builds their net worth, makes investments and develops retirement plans.
Social media and other technology evidence is a big part of current divorce debates and conversations in Phoenix and across the United States. Photographs from Instagram, status updates from Facebook, emails sent from an @gmail.com address or tweets made on Twitter are being used as evidence in more and more divorce hearings.
Dividing property and determining whether to seek alimony are two important parts of any divorce in Arizona. A factor included in these discussions is the income that each spouse earns. For couples going through a high-asset divorce, employment earnings are often more than a yearly salary. Complex compensation packages are often in play in these situations.
In Phoenix, we often talk about the major events and experiences that make up an individual's life. The big ones are birth, graduation, marriage, maybe the death of our spouse and, yes, our eventual death. Over the past 20 years, the divorce rate has nearly doubled for those 50 years of age or older, making it a major part of many people's lives.