While many Nevadans get married each year, some also divorce. Normally, people who marry do so without thinking that their marriages may later end, but a large number will do just that.
A study of statistical data from the U.S. Census Bureau reports from 1960 and 1980 and the Minnesota Population Center's Integrated Public Microdata Sample project for 2013 revealed changing trends in divorces. The data shows that a greater number of people overall will get divorced at least once by age 59 in modern times than in earlier ones.
Business Insider reviewed the data, finding that around 12 percent of 30-year-olds in 2013 had been divorced at least once. That number rose to 42 percent by the time people reached age 59. Among 59-year-olds, 43 percent were still in their first marriages. In both 1960 and 1980, a higher proportion of people in their 20s had divorced, but the numbers fell off substantially from there with far fewer older people reporting at least one divorce than in 2013.
The data demonstrates the trend of an increasing number of people choosing to divorce as they get older. Before, people were likelier to choose to remain together when they got older. When people do get divorced after reaching age 40, they are likelier to have amassed significant assets requiring complex property division determinations. They may need the help of a family law attorney to disentangle their finances. Many people who are over 40 have real estate, businesses, retirement accounts and other assets that will need to be divided, and some of those assets could produce significant income tax implications if the process is not handled correctly.