Gray divorce, or the dissolution of marriage among couples aged 50 and above, has become increasingly common in recent years. While divorce can be challenging at any age, gray divorce presents unique challenges that require special attention. If you’re...
The divorce rate for couples over 65 years old has doubled since 1980. As Baby Boomers become seniors, the divorce rate seems to follow them. Divorces for Seniors are often referred to as a “Gray Divorce”. If you are a baby boomer, and facing divorce,...
It pays to consider all of the possibilities in a gray divorce when the level of financial entanglement can be complex. Senior couples should get professional advice long before getting divorced. We have helped couples find creative ways to compromise. You may be able...
Health insurance Impact on Senior Divorce Getting health insurance at 60 years of age or older is no walk in the park. If a family policy currently covers you via your spouse’s health insurance, there might be a coverage gap until age 65 when Medicare kicks in....
Remember Long Term Care When Planning your Senior Divorce. An integral and unspoken part of any marriage is the assumption that each partner will support the other through any type of long-term care. That commitment cannot be easily replaced if that promise is broken...
An important part of alimony (spousal maintenance) and equitable distribution (property division) is calculating Social Security. Here are some basic facts: Once clients become 62 and are divorced from a marriage that was longer than 10 years, they could possibly...