Issues In 'Gray Divorce' In Ohio

Within the last decade, there's been a notable increase in the divorce rate among married couples age 50 and older. For individuals who are part of this so-called gray divorce phenomenon, divorcing at a more mature age raises special questions and considerations. For example, will your divorce affect when you'll be able to retire and whether you can achieve your retirement dreams? Will you be able to obtain or have to pay spousal support?

At Kroener, Hale & Penick Law Firm, our attorneys are well-versed in divorce matters that are of specific concern for individuals who divorce later in life. We take the time to sit down with you to learn more about your unique situation and concerns, and to discuss your hopes for the future. Our number one priority is to ensure that you walk away from a divorce with peace of mind, knowing that a settlement provides for both your short and long-term financial needs.

Will You Have Enough Money To Live Out Your Dreams?

For most later-in-life divorcees, money is a chief concern. We understand that your divorce settlement must provide not only for your short-term financial needs, but also an adequate cash flow and a way to access assets when and if they are needed. Our attorneys provide information, advice and representation to help you:

  • Discover hidden assets to which you are entitled
  • Understand and take steps to minimize tax implications associated with certain actions
  • Claim Social Security benefits under an ex-spouse's record
  • Obtain an accurate valuation of assets

Whether this is your first or third divorce, if you are age 50 or older, we understand and actively work to address the financial issues you are facing. Contact a lawyer at our Batavia law firm by calling 513-716-5940, or get in touch with us online through our contact form.