Best Divorce Lawyers in Santa Clarita, CA

Money, Money, Money: The Heart of Grey Divorce Grey divorce is a term referring to the demographic trend of an increasing divorce rate for older (“grey-haired”) couples who often have been married for many years. The most difficult aspect of these grey divorce cases: MONEY. Here is a checklist of some issues to be reviewed with your lawyer and financial advisor: 1. The house, which is usually not thought of as part of one’s financial plan, must now be viewed in that new light. How can the house factor into your future financial plan? 2. Is your retirement plan still viable? Do you need to rethink what your retirement will look like in terms of timing, expenses and location? 3. Will you need to return to work, or delay your retirement? 4. What health expenses should you expect as you grow older – and how will you meet them? Getting divorced is one of the most frightening parts of anyone’s life because of the unknown future consequences. This situation is far greater when the divorce occurs late in life because the spouses have fewer remaining years in which to recover financially and emotionally. Therefore, planning with the help of a professional is the best course to follow.