“Gray Divorce” or Divorce after the Age of 50

Pierre Domercq Divorce

The Washington Post recently noted that the divorce rate for those over the age of 50 – often referred to as “Gray Divorce” – has more than doubled since 1990. More than half of these marriages are the first marriage for each party, and the majority have lasted longer than 20 years.
If you are considering a gray divorce in Carlsbad or North County it is important to look for an attorney with extensive experience and expertise. Divorce cases for longer term marriages and parties above the age of 50 usually involve much more complex financial and legal issues.
Spousal support will usually be structured differently in marriages of more than 20 years. In shorter term marriages, the Judge will often give the “Gavron Warning” which cautions the party receiving spousal support that the associated time frame will be limited and they must be financially self-sustaining within a given number of years.
Longer term marriages are quite different. Spousal support will usually last much longer in these cases, until a party remarries or has passed away. The amount of spousal support may be larger as the parties have become used to a quality lifestyle, and are in their prime earning years.
Business ownership and valuation are often issues in a gray divorce. It is important to ensure that a fair and accurate valuation is achieved in order to protect fair community property division.
Most participants in a gray divorce case face significant changes in their life and associated lifestyle. The quality of your attorney will have a direct impact on the success of your case. We invite you to contact us or call 760-712-3741 to schedule an appointment with one of our seasoned attorneys.