Divorce after age 50, known as gray divorce, is affecting more couples than ever across North Texas—including in Lewisville, Frisco, Little Elm, and The Colony. If the idea of starting over later in life sounds overwhelming, know that you are not alone. Gray divorces have more than doubled in recent years throughout Texas, reshaping families and futures in communities just like yours.
Gray Divorce Surges Among Local Adults
In Texas, the divorce rate for those over 50 is rising steadily, with as many as 36% of all divorces now happening in this age group. Factors driving this trend besides shifting cultural norms include increased financial stability, longer lifespans, and changing priorities as couples approach retirement. In cities like Lewisville, Frisco, Little Elm, and The Colony, more residents are seeking information and support about unique late-life divorce concerns—including retirement division, downsizing the family home, and revising estate plans.
Local Challenges: What Makes Gray Divorce Unique?
Gray divorce has some distinct challenges for North Texas couples:
- Asset & retirement division: Decades of marriage mean deeply entwined finances, from homes in Highland Village or Castle Hills to retirement plans and business interests.
- Financial recovery: With less time to recoup financial losses before retirement than younger divorcees, North Texas adults often need specialized legal and financial strategies.
- Emotional adjustments: Whether you’ve raised kids in Frisco’s neighborhoods or built a life in The Colony, splitting up after 20 or 30 years can bring a profound sense of loss and require building new routines and support networks.
- Health & insurance: Long-term health and caretaking needs are front-and-center, especially for spouses who face chronic illnesses or rely on a partner’s insurance.
How Local Laws Shape Gray Divorce
Texas is a community property state, so most property and assets typically acquired during marriage are split equitably. Some property---even some property acquired during the marriage—may be separate property, and not subject to division (we can discuss this with you, if you decide to set a complimentary client consultation with us). And, even after community property is allocated in some manner between the parties (not necessarily evenly) there are important details which must be observed to effectuate the transfers in the best way. For example some transactions can be done in a way that does not result in a tax liability. We’ve been practicing law in Denton and Collin Counties, Texas since 1989, so we have the experience to guide you through that process.
Tips for Those Considering Gray Divorce in Your Area
- Gather documents for all assets and debts (including retirement plans, real estate, and business interests in Denton and Collin Counties).
- Seek legal advice on dividing the family home—options may include selling, buying out a spouse, or co-owning for a transition period.
- Connect early with both legal and financial advisors focused on North Texas law and retirement planning.
- Prioritize your health, support network, and future goals as you rebuild after divorce.
Gray Divorce Can Be a New Beginning
Ending a long marriage in Lewisville, Frisco, Little Elm, or The Colony is tough, but this transition can also open the door to a renewed chapter of independence and fulfillment. With support tailored to your local community and seasoned Texas Family Law professionals, brighter days can be ahead.
If you’re facing a late-in-life split in any of these North Texas cities, or in other Denton or Collin County areas, reach out to a nearby, trusted Texas family law office for a confidential consultation tailored to your unique situation.