On Behalf of Mercedes R. Wechsler, P.A. | Jun 30, 2020 | Elderly Divorce
“Grey divorce” is a term often used to address the end of a marriage between people who are above 50 years old. The rates of this type of split has been rising over the past few years in the U.S. Though divorce at any age is challenging, it can come with unique...
by Mercedes R. Wechsler, P.A. | May 23, 2019 | Elderly Divorce, Firm News
During your marriage, it’s possible that you and your soon-to-be ex-spouse took on joint credit card debt. While this may have been necessary for a number of reasons, it can pose a challenge during the divorce process. In a gray divorce, just the same as any...
by Mercedes R. Wechsler, P.A. | May 17, 2019 | Elderly Divorce, Firm News
If you decide to divorce later in life, such as around retirement age, there are special considerations. For example, you’ll focus a good amount of time on the best way to split retirement assets. Once your divorce is in the past, it’s time to move on with...
by Mercedes R. Wechsler, P.A. | Apr 16, 2019 | Elderly Divorce, Firm News
Every aspect of your divorce requires your full attention, and this is especially true when it comes to retirement accounts. If you ignore this now, you could regret it at some point in the future, such as when you want to retire. If you’re on the receiving end...
by Mercedes R. Wechsler, P.A. | Mar 29, 2019 | Elderly Divorce, Firm News
You may have heard that gray divorce — a common term for when two people get divorced later in life — is on the rise in the United States. In fact, it has been said that about 25 percent of all divorce cases involve these individuals who are around...
by Mercedes R. Wechsler, P.A. | Mar 22, 2019 | Elderly Divorce, Firm News
If you’re divorcing later in life, there’s a good chance you share a house with your spouse. Since this is likely to be one of your most valuable assets, questions about who gets to stay put are sure to move to the forefront. There is no right or wrong way...
by Mercedes R. Wechsler, P.A. | Mar 1, 2019 | Elderly Divorce, Firm News
If you go through the divorce process later in life, such as after you retire, it’s imperative to make a variety of changes to your estate plan. Neglecting to do so could result in a number of challenges and mistakes, such as your ex-spouse receiving your assets...
by Mercedes R. Wechsler, P.A. | Feb 14, 2019 | Elderly Divorce, Firm News
As you pass retirement age and begin to think about the future, you may have questions about your marriage. Do you want to remain married to this person for the rest of your life? Is now the best time to consider a divorce? Elderly divorce is more common than many...
by Mercedes R. Wechsler, P.A. | Feb 1, 2019 | Elderly Divorce, Firm News
Most people know about the “seven-year itch,” the time when many marriages endure a lot of strain that could result in a divorce. If a marriage can endure these first seven years and last the next seven without a problem, it should be good until the end of...
by Mercedes R. Wechsler, P.A. | Jan 18, 2019 | Elderly Divorce, Firm News
Researchers with the Pew Research Center note that those 50 years of age or older are getting divorced at double the rate now than what they were in the 1990s. While many would argue that this increase in divorce rates among seniors has to do with the fact that these...