Since 1990, the divorce rate has doubled for those who are over the age of 50. There can be a variety of negative consequences for older Pennsylvania residents and others who experience the end of a marriage. Research has discovered that those who go through a divorce at an older age may be more depressed than those who lost a spouse. The financial impact can be significant as well.
For some people in Pennsylvania, prenuptial agreements seem to be a matter only for the wealthy or major celebrities. After all, prenups can be an important mechanism to protect people with major assets, family businesses or large inheritances in case of a divorce later on. However, many people of all financial backgrounds can benefit and protect themselves through the use of premarital agreements. Investing in a prenup early on can save not only on attorney fees but also on the more fundamental expenses that can come with a divorce down the line.
Ending a marriage often comes after going to great lengths to determine what is best for you and your family. Many times, that involves internal struggles with where you will live, how you might survive financially post-divorce and how to determine child custody arrangements.