Correy Stephenson//June 20, 2013
Correy Stephenson//June 20, 2013//
The generation known as the Baby Boomers has been credited with many trends, but they may not want to take credit for the latest development.
According a recent survey of the American Academy of Matrimonial Lawyers, divorces among couples over 50 years of age are on the rise.
Over 61 percent of AAML members agreed they have experienced a rise in such divorces over the last five years.
Age hasn’t made the break-ups less contentious, either.
Survey participants said the issues most commonly fought about include alimony, business interests and retirement accounts.
“Baby Boomers have regularly been catalysts for social change and getting divorced in their later years appears to be one of the most recent trends,” New York divorce attorney Alton Abramowitz, president of the AAML, said in a statement.
Attorneys were split on which party more often initiated the divorce.
Twenty-two percent of members reported that wives more frequently launched the proceedings, while 14 percent said husbands led the charge; 64 percent found no difference between the spouses.