The Gray Divorce Podcast: Episode 69 Dealing with the Family Home in Gray Divorce

Andrew Hatherley |

Few decisions in divorce stir as much emotion—and financial consequence—as what to do with the family home.

For couples divorcing later in life, the family home is often more than just a structure. It represents years of memories, family gatherings, and for many, a sense of security. But with retirement around the corner (or already here), deciding what happens to the house can carry heavy implications.

In this episode, we explore the many layers involved in selling the family home in gray divorce:

  • Why older adults may no longer be able—or want—to keep the home on their own
  • How future health and mobility issues can influence whether the home remains practical
  • The emotional weight of letting go, especially for families with adult children
  • Common ways to divide equity fairly (including buyouts, deferred sales, and professional appraisals)
  • How reverse mortgages (HECMs) may offer creative solutions for divorcing couples over 62
  • Capital gains taxes and how to qualify for IRS exclusions on the sale of the marital home
  • What happens if one spouse remains or the home is sold post-divorce

Ultimately, decisions around the marital home require balancing emotional well-being with long-term financial security. If you're navigating this terrain, this episode is packed with insights and strategies to help you find a path that supports your future stability and independence.