Special Concerns In Divorce For Senior Citizens
So-called “gray divorce” used to be rare but has become more common among Baby Boomers and other older couples. Your stage of life, as well as the length of your marriage, may have an impact the outcome of your divorce. For best results, consult early with an experienced attorney. Grotta & Associates, P.C., is a valuable resource for older people facing divorce in Illinois. Our lawyers can help you plan for:
- Your retirement: Will the divorce affect business succession plans if one or both of you are business owners? How will retirement funds such as 401(k) accounts or pensions be divided? Does the timing of your divorce make a difference with regard to Social Security? Will you have enough to live on after your “gray divorce” divides your household in two?
- Your health: Who will be responsible for paying your health insurance after you are no longer on your spouse’s policy? Do you have disabilities or other health concerns relevant to asset division and spousal maintenance?
- Your living arrangements: Is it in your interests to push for (1) keeping the marital home, (2) yielding it to your spouse or (3) insisting that the home be sold with proceeds divided? Our Illinois law firm can help determine what makes the most sense for your future and fight for your rights.
Your Case Is Unique And So Will Our Legal Counsel Be When We Represent You
In addition to being shrewd negotiators and skilled litigators, we are also compassionate and empathetic as your long-standing marriage breaks up. We are determined to protect you from being “left high and dry” or “being taken to the cleaners,” depending on your circumstances, such as:
- Dissipation of marital assets: Did your spouse have an affair or engage in gambling, thus draining what should have been your marital assets to divide? We will help you get your day in court if this is warranted.
- Hidden assets: Do you suspect or know that your spouse has put money in offshore accounts or “given” property to a family member? We are ready to employ forensic accountants as necessary to track and find those hidden assets.
- Long-time abuse and other similar factors: Was domestic violence part of your marriage over the years or are you struggling with it now? You can trust us to draw on our experience as we advocate for you.
- Grandparent issues: Have the two of you shared custody of a grandchild or had visitation rights? Are you concerned about protecting a special-needs or generation-skipping trust intended to benefit your grandchild(ren)? Your most important priorities deserve attention.
We Are Here For You
Complete our online intake form or call Grotta & Associates, P.C., at 708-873-9500 to request your initial consultation about your gray divorce. We serve DuPage County, Will County and Cook County areas from four office locations.