INDUSTRY INSIGHT
DIVORCE LAW
SPONSORED CONTENT
Over 50 and looking to get divorced?
What you need to know!
L to R: Ronald Barber,
Reid Roberts (Chair),
Max Levine,
Chrystal Tinstman,
Shannon Sacca
A
ccording to the New York Times, “late-life divorce is
becoming more common and more acceptable.” While
the divorce rate for most ages may have flattened, the
opposite appears to be true of the 50+ set.
There are lots of famous examples of over-50 divorces (or, as it
is known, “gray divorce”). Consider former Vice President Al Gore
and Tipper, Maria Shriver and Arnold Schwarzenegger, and Toni
Tenille and her “Captain” husband divorcing after 39 years of
marriage.
If you are contemplating a separation or divorce after many
decades of marriage, you will need skilled and professional
advice from an attorney. There is a lot at stake including the
following:
1. The longer you have been married, the more
complicated your divorce may be. You may need
to determine the amount and length of alimony.
Don’t just consider your spouse’s base salary, but also
take into account bonuses, perks, restricted stock
options and ownership stakes.
2. We often recommend that, after meeting with us, our
clients meet with a skilled financial planner to
determine what kinds of support and division of
marital assets are necessary to take care of th