A study by the American Academy of Matrimonial Lawyers reveals an increase in divorce cases for those over 50 years old in the past five years.
The survey of the AAML’s 1,600 members found that 61 percent had seen an increase in over-50 divorces while 37 percent reported no change.
In terms of issues being fought over in court, alimony was the most common at 38 percent. Business interests and retirement accounts were second and third with 20 percent and 14 percent of academy members citing it respectively.
While 22 percent of academy members said that wives typically initiated divorce in couples over 50 compared to 14 percent for husbands, 64 percent of members surveyed saw no difference in who began proceedings.
The American Academy of Matrimonial Lawyers was founded in 1962 and includes members from all 50 states. More information on the survey is at aaml.org.