How to handle divorce after 50.

In recent years divorce among the over 50s has doubled and researchers expect this to triple by 2030. Handling divorce after 50 can be challenging, but there are steps you can take to make the change easier.

Obtain current transfer values for all pensions, and take professional advice as to how divorce will affect you as a single person.

Consider future housing needs and your ability to qualify for a mortgage, as age may affect terms.

Consider working with a financial advisor and/ or a mortgage advisor to understand the long-term implications of asset division.

Obtain property particulars to understand your housing and capital requirements upon divorce.

Update your Will after separation to reflect your new circumstances.

Don’t forget to factor in any health conditions or future care needs when negotiating a financial settlement.