Grey Divorce Lawyers
Divorce often evokes images of spouses in their 30s or 40s who have matured past the innocence of their courtship days, only to find themselves unable to reconcile the differences they ignored before children, work, and other real-word intrusions set in. But in the last few years, there has been a notable shift in divorce trends. Fewer people overall are ending their marriages, but those who do are more mature. Many couples over the age of 50 and approaching their retirement years are seeking what have come to be known as “grey divorces.”
Grey divorces are generally far different from the emotionally devastating experiences typically associated with divorce. In many cases both members of a couple are aware that they’ve been growing apart for years. Their marriages have been anchored by a focus on their children or careers, but once the kids are grown and gone and retirement has come into view, their priorities shift to their own personal happiness and fulfillment. Grey divorces are rarely a matter of betrayal: they are a result of a decades-long erosion of the couple’s emotional connection.
Though a grey divorce may be tempered by a greater level of maturity and have little of the drama and animosity of younger divorces, they still represent disappointment and disruption. Rather than struggles over child custody and support, they have their own unique issues that need to be addressed, including disposition of the marital home, retirement and pension benefits, and healthcare. To ensure that your concerns are heard, and your needs are properly addressed, you need a compassionate advocate who truly understands the specific needs involved in a grey divorce. You need the attorneys at Baer Romain & Ginty LLP.
We Understand Your Concerns
Divorces involving clients who’ve been married for decades have unique elements that need to be addressed. Savings and retirement funds have been in place for years, and mortgages have been paid off or are close to it. Assets are more clearly established as marital, and though attachments to them are long-standing, they are fully subject to the rules of equitable distribution, regardless of who may have paid for them or contributed to them over the course of the marriage. The idea of selling and dividing may be more of a challenge. Helping you to anticipate and negotiate each of these issues is where our experience, patience and compassion become essential.
- We can help you address the division of your retirement accounts through what is known as a Qualified Domestic Relations Order (QDRO), a special agreement that allows a retirement plan to distribute funds to both of you.
- We will negotiate the terms of any alimony or support agreement. Though there is no legal obligation for alimony to be provided, it is far more common for it to be part of a divorce agreement involving longer marriages, and especially those in which one spouse did not work throughout the entire marriage. In grey divorces it is generally understood that employment becomes more of a challenge as people age and medical issues may arise.
- Social Security benefits are of concern in grey divorces, as marriages that last ten years or longer provide the ability for divorced spouses to receive benefits based on each other’s contributions without impacting the benefit available to the former partner.
- Healthcare benefits and life insurance are of paramount importance in grey divorces, and particularly in those where both spouses had been insured through one partner’s employer.
Take a Deep Breath
All these issues and many more need to be resolved individually as part of the equitable distribution and support process. When you work with the professionals at Baer Romain & Ginty LLP, you can rest assured that we are aware of all your concerns. We have the experience, empathy and expertise that you need to make sure that we address each important issue in a comprehensive way to secure your future.
A grey divorce can mark the beginning of a new sense of liberty and exploration, built with the confidence of knowing that there are experts looking out for you. For more information on how we can help, please contact our attorneys at Baer Romain & Ginty by calling 610-981-1253, or contact us online to arrange for a consultation to discuss your situation.