Orange County Late Life Divorce Attorneys Helping Clients Over The Age Of 50 End Their Marriage
In recent years, the divorce rate among couples over the age of 50 has caused a lot of concern and in fact, older couples are divorcing at an alarming rate. What sets these “gray” divorces apart from regular divorces is that they often have more implications for all parties involved, with the biggest concern being dividing property that the couple has worked for years to build together.
While we have helped many older couples move on to the next chapter of their lives, we often hear many of the same questions about the topic. Here are some of the most common ones we receive:
- How can a lawyer help with a divorce that happens later in life?
- What should be your #1 concern if you are divorcing when older?
- Can you still have health insurance after a late-life divorce?
How Can A Lawyer Help With A Divorce That Happens Later In Life?
In the state of California, during a divorce retirement accounts and pensions will be divided evenly, but only if these funds were acquired during the marriage, as they will be considered joint marital property.
At Sarieh Law Offices, our team of skilled lawyers will work hard to make sure that any retirement funds and other financial assets will be protected and remain with you during and after the divorce.
What Should Be Your #1 Concern If You Are Divorcing When Older?
When divorcing later in life, protecting your assets should be your top concern. Before consulting with an attorney, and even before you file legal paperwork, it is advised to prepare as much as possible. This can be achieved by doing the following:
- Create a list of all your assets and separate them into two columns. One column for joint assets and the other for personal assets.
- Inheritances can be categorized as either individual or personal property, but all circumstances are unique, so it is vital that you let your divorce lawyer know the details of your inheritance.
Can You Still Have Health Insurance After A Late Life Divorce?
If you need health insurance after a gray divorce, you must start the process immediately. Typically, the least expensive option will be employer-provided insurance. If you are currently covered through your spouse’s employer-provided insurance, COBRA may be an option for you.
If this situation applies to you, it might be better to seek private individual coverage through a PPO, HMO, or other options. These can be purchased through the insurance company’s website, insurance agents, the AARP, and more.
Speak With A Top-Rated Late Life Divorce Law Firm In Orange County, CA Today!
If you are over the age of 50 and are anticipating or currently going through a divorce, there are certain implications that need to be considered. At Sarieh Law Offices, we are experts in family law and have the experience needed to help you during this trying time of your life. To learn more about your rights as a grandparent, contact us at (714) 542-6200.