The divorce process in New Jersey can be daunting. Having a Certified Divorce Coach working with your Divorce Attorney can help you get through the process more smoothly.
Gray Divorce – Followed By: Date Coaching, Matchmaking, and Inspired Relationships.
Guests: Jacqui Atcheson, CDC Certified Divorce Coach & Julianne Canterella – The “Original” New Jersey’s Matchmaker
“The past has been written, but you can write a better future.” – Jacqui Atcheson, Certified Divorce Coach & You Have The POWER to “Totally Transform Your Love Life!” – Julianne Canterella, The “Original” New Jersey’s Match Maker and Dating Coach
One would think that divorce in couples over the age of fifty, together for years, would not be as common as for younger couples; however, statistics say otherwise. Grey Divorce is now a trend in the 21st century. In the 1990’s; 1 in 10 couples over the ago of 50 got divorced. Now; 1 in 4 people are going through Grey Divorce and it doesn’t appear to be slowing down.
As a Certified Divorce Coach and founder of Better Path to Divorce, I have seen an increased number of couples seeking my services after making the conscious decision to end their 20, 30 and even 40-year marriages. Unfortunately, divorcing at this later stage in life is particularly challenging. The experience is emotionally and financially traumatic. With that number of years under your belt, truly believing your relationship stood the test of time, and then to realize that what you thought was normal marital dissatisfaction turns into an intention to file for divorce can be earth shattering.
With retirement looming, and the number of available working years growing ever shorter, the analysis and assessment of whether they can each retire (now separately) becomes one of the most pressing issues. Where they may have once planned on retiring, collectively, under one roof, as their resources were jointly pooled together; they are now faced with how to provide and pay for separate residences. This places a heavy burden on couples divorcing in their late 50s and 60s. The all too often result and the only option; rather than retiring is working well beyond retirement age.
Pensions and/or Retirement Accounts
One or both parties that have accumulated hard earned pensions, retirement accounts, etc.; (which was considered a joint asset), is now subject to division post-divorce. This becomes a major challenge to the partner that was the major wage earner during the life of the marriage, as the plans for a comfortable retirement has just been cut considerably. On the other hand, the spouse that wasn’t working for many years, also planning a comfortable retirement, might have to now re-discover the employment market. Clearly, 50% of planned retirement funds may not be sufficient to cover the bills of the now two individual households. Can you feel the resentment at what should be your comfortable retirement years?
Division of Assets
It is a real challenge especially in a Grey Divorce. Property owned prior to marriage usually remains with the sole owner. It is much more difficult to identify marital and pre-marital property in a Grey Divorce due to the length of time the couple is legally married. The value each party places on marital and non-marital assets is a cause for conflict as the couple tries to claim exactly what belongs to whom and the dollar amount. Please note if this goes to court, the division of all assets will be determined by the judge, not by what your lawyer will tell you is “fair”.
Health insurance issues come up when only one of the parties is employed. The spouse that is not working will have their health insurance terminated. As we age, we are aware that this is when we need health insurance more than ever; as our health deteriorates and costs rise.
Ouch! Yet another blow. Once a divorce is finalized, the individual holding the life insurance policy can, and usually does, remove the ex-spouse from their list of beneficiaries on their life insurance policy.
You would think that the adult children of Grey Divorcing parents wouldn’t be as affected as younger children. Not so. The adult children put their lives on hold in an attempt to handle this family crisis, at the expense of their own families and careers. The parents also have a tendency to lean on their adult children emotionally and sometimes financially. In many cases, the children are forced to take sides. This typically occurs when there are uncomfortable or embarrassing details of the split. If your parents came to you today, and told you they were getting divorced, what do you think your reaction would be?
Mediation As A Quicker and Less Expensive Way To Divorce
Not all divorces have to be acrimonious, and, in fact many couples who divorce later in life do so as a result of a gradual growing apart. As a result, they place a higher emphasis on amicable resolution, healthy dialogue and a positive post-divorce relationship with that soon to be former spouse; rather than an all-out “War of the Roses”. While seeking legal and financial advice from professionals, many of my clients work with mediators. A mediated divorce can be resolved in less than one year and save a considerable amount of money and emotional pain and turmoil. You need to grieve but realize that your life goes on. The pain is normal and part of the healing process. It helps you to let go and move forward.
Having Been A Casualty of a Grey Divorce Myself
My best professional and personal advice is as follows: Avoid getting too emotionally caught up in blame and anger. Take this as an opportunity to live out your very own passions and desires. Be selfish. You are no longer a “we and us” but a “me and I”. Maintain your health as this will help you make the right decisions for your future. Working on yourself is your new mantra from today on. Life is short and this is your new beginning.
One would think that divorce among couples who are both over the age of 50, and have spent many years together, would not be as common as it is for younger couples. Unfortunately, statistics say otherwise. Click here to read the article, “Divorce Over 50: A Gray Area.”
This article comes from the Fall 2018 issue of VUE, which you can read here.
“The past has been written, but you can write a better future”™
Many people get married thinking it will last a lifetime, however in some cases DIVORCE, dissolution of marriage happens. According to PEW Research, about 40 to 50 percent of married couples in the United States divorce. The divorce rate for subsequent marriages is even higher. FACT: there’s a 50/50 chance of a marriage ending in divorce. This number increases for each marriage. For example, 41% of first-time marriages end in divorce while 60% of second marriages end in divorce. Third marriages have a 73% chance of ending in divorce.
On your wedding day, divorce was not on your mind. In fact, it never crossed your mind. However, 50% of all first marriages end in divorce, 60% of second marriages, and 73% of third marriages.
So now you find yourself here, dealing with divorce, whether you are deciding to get divorced (stressful), going through divorce (the big, black hole) or completing the process, how can you re-discover YOU?
Think about those activities, hobbies and/or passions that lit you up before the chaos of divorce set in.
Here is what I did and still do to re-center myself: Get an inflatable pillow, sea salts, a glass of wine, smooth jazz, scented candles, and close the bathroom door and enjoy my own thoughts, let my mind wander to those places of just me…
What lights you up?
- The great outdoors and hiking
- A few hours of smelling the ocean air and feeling that breeze
- Yoga on the beach
- Reading a good book of your choice
- A day on the golf course
- A sporting event
- An evening concert in a stadium under the stars
- Bowling with friends and just being young again
The choices are limitless and have no boundaries, but you need to get into your “bathtub” and “dream.” And after that dream, put that dream into motion. These little personal acts of kindness to yourself, and for yourself, don’t completely take the stress and anxiety of divorce away, but they are a reminder that there is and will be a better life ahead.
Most people leave marriages, not because they don’t believe in the institution of marriage. Studies show they don’t go for the proper help to learn where they might have done better. Is the desire to improve and not make the same mistakes again crucial?
So, this is me: first marriage all in: 23 years.
Second Marriage, 17 years, still amazingly strong, in fact, better than ever.
Not because we are, “oh, so in love every minute of every day”, but because we put our relationship; two individuals, a unit, a loving partnership, as #1.
We start by keeping it fresh and have a date night every week, our special time together. We put on our “date night clothes”. Being a wife takes on one roll, but remaining a girlfriend takes on quite another.
As women, we wear many hats for many folks that we forget the uniqueness of who we are in this relationship: as an individual; as a girlfriend; as a lover; as a partner and as a best friend. Don’t forget that you, as a couple, are the ones left together after the children leave and careers wind down.
Remain a lady, feel sexy, put on the good perfume, feel alive as a woman!
Life’s lessons come in all shapes and sizes. As we go through them, we don’t understand the “why” quite yet. I am thinking about a particular life lesson that you may already know: “Appreciate the little things in life and enjoy them.”
After an extremely difficult first marriage, I remarried and obtained “sheer bliss.” However, my husband’s business got hit hard due to 9/11, then the real estate crash of August 2007 hit my mortgage industry job. No more vacations, theater, concerts, dining out, gym membership, personal trainer. etc.
After I stopped feeling sorry for myself, I put on my thinking cap and re-arranged our entire budget. I made many changes to make me feel whole and stable again. I watched for sales at the grocery store, and started cooking; not basic cooking but real cooking. We invited friends over for dinners and had small house parties. For the holidays with our children and family, I suggested re-gifting. How easy is it to purchase something somebody wants, but ooooh, to take a possession that is near and dear to you and give it to someone you love. That ended up becoming more loving and so powerful for each giver; those feelings inside, money could never buy.
It took about 4 years to feel financially whole again. The changes we made during the hard times have taught me powerful lessons and have stayed with me. As an example, we do much more home entertaining, cooking and opening up our home to all. It is personal, intimate and has a warmth that no restaurant can duplicate.
I have learned that life throws everyone punches and we don’t know why at the time. Life’s lessons, that I still carry through to this day, never would have happened without our own “financial crisis.”
“Appreciate the little things in life and enjoy them”.