Over the past 20 years or so there has been a shift in the demographics in divorce rates. As baby boomers mature, the divorce rate among couples over the age of 50 has seen a sharp increase as compared to previous generations. In fact, during the 20 years between 1990 and 2010 the divorce rate involving people in their 50s and older doubled, according to The Sioux City Journal.
A lot of people grow accustomed to a certain standard of living during marriage. But because divorce can change all of that, discussing property division can turn into a battle over who gets what and how much.
When children are involved, many divorcing couples in Michigan might try to have an amicable divorce to spare their children from additional hurt. However, in an effort to avoid disputes or upset the mood, they may overlook key issues in the division of marital property.