Newport Beach Grey Divorce Attorneys Advocating for Seniors Going Through Marital Separation
Divorces are usually common among younger couples -with an average of 8 years of marriage, and about 30 years old. It’s rare that older couples file for divorce. But it does happen, and most do it for similar reasons as younger couples. This is called Late Life or Gray Divorce (Gray because most people involved in these kinds of divorce tend to have gray hair).
Even though the reasons for divorce among older and younger couples tend to revolve around the same things, their processes are quite different. This is because divorce among senior citizens can be much more complicated. The challenges and issues involved are often unique and unusual.
California being a community property state, makes the process even more complex. This is why you need an experienced Newport Beach late life divorce attorney. Our gray divorce attorneys have handled many late life divorce cases. We know the intricacies involved in similar cases.
What Causes Late Life Divorce?
There’s a growing number of divorce cases involving couples over 50. What was once unusual is now becoming normal. While there are many reasons, the two major ones include:
- The couple has grown apart over the years
- Money problems and habits
In the prime of their lives, most couples are usually busy with careers, raising the kids, and making money. As a result, many don’t even notice that they’re drifting apart. With the kids being such a big part of their lives, they end up putting all their focus on their children, and avoiding their own issues.
However, once the kids all fly the coop, and they’re both in retirement, some couples realize they really aren’t comfortable being around their partners. Also, because they’re on a fixed income, the spending habits of one partner can become unacceptable for the other.
Assets Division in Late Life Divorce
Two key concerns for older couples are:
- Spousal support
- Marital property
These are most likely to be the object of contention – if there’s any. With California being a community property state, marital property is subject to equal division. Marital property includes real estate, financial assets, retirement accounts and funds, businesses, vehicles, furniture, and liquid cash.
As long as you were together when that was earned, built or grown, the courts will tally them up, and divide them equally between the two of you. As for spousal support, that’s a necessity. Whether you’re the petitioner or defendant, you need to be aware of how much alimony you’ll need on a monthly basis to meet your living needs.
Experienced Late Life Divorce Attorneys in Newport Beach Will Help Secure Your Future
You need the help of experienced gray divorce attorneys to figure this out. This is even more important if you haven’t been earning an income. You’ll need to consider the costs of living alone, the bills, debts, and much more.
With our lawyers as your ally, you’ll stand a better chance of proper and competent legal representation. Divorce firms that aren’t as experienced tend to let things slip through the cracks. And the reality is that once the verdicts are in, there’s little or nothing you can do to change the outcome.
Let Sarieh Law Offices, ALC help you today. We know what to look for, and how to prepare a bulletproof case that will help you get a considerably fair result. Call us at today for a free consult.