Ending a marriage can have major financial and emotional implications at any age. However, individuals who are 50 years old or older may especially find divorce to be challenging. Here is a look at why divorce at an older age poses unique challenges in Texas and elsewhere.
When two people in Texas decide to get divorced, they may understandably be overwhelmed by the many changes that will come their way. One of these changes is transitioning from a two-income household to a single-earner household post-divorce. However, understanding their credit situations early on can help divorcing individuals to make the wisest financial decisions possible during the divorce process.