Divorce is more common now than ever. Accordingly, later-in-life divorces are more common than ever as well, and if you are someone who is over the age of 50 and are planning on divorcing your spouse, you must continue reading and speak with our knowledgeable Los Angeles divorce attorneys to learn more about later-in-life divorce, what makes it different, and how we can help you through every step of the process ahead. Here are some of the questions you may have:
What makes later-in-life divorce different from younger divorce?
When a younger couple gets divorced, they may not have as many assets as a couple who is, say, over the age of 50. This is simply because they have not been together long enough to accrue as many financial assets. That being said, when a couple who is approaching retirement age divorces, they have to worry about retirement funds, pension plans, and more. Oftentimes, a person’s retirement plan is their only source of income. Furthermore, if you and your spouse are over the age of 50, there is a very good chance that your assets are, for the most part, jointly-owned, or marital assets. Needless to say, oftentimes, this further complicates the property distribution process. These couples may also have more complex investments and may be more involved in the stock market, among other things.
Can I receive spousal support if I get divorced later in life?
Generally speaking, when courts award spousal support, it is for a predetermined period of time, especially for younger couples who have many working years ahead of them. In this case, spousal support is treated as temporary financial assistance until the financially dependent spouse can receive an education, train for a new job, remarry, or otherwise. That being said, if you have been with your partner for the majority of your life and you are now getting divorced, there is a very good chance that you may require what is, in effect, permanent spousal support, as it may no longer be practical for you to start a new career. For this very reason, you need an experienced California divorce attorney who can fight for the spousal support payments you need to comfortably live out the rest of your life. If you have any additional questions, please do not hesitate to pick up the phone and give us a call.
Contact our experienced Los Angeles firm
Divorce and family law issues are notoriously complicated and personal, which is why you must hire an attorney with years of experience, as well as the compassion and skill needed to handle these sensitive matters. For the qualified, dedicated legal representation you and your family deserve and need, contact Zitser Family Law Group, APC today.