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Grey Divorce Grey Divorce

Grey Divorce

Understanding Grey Divorces and How Our Law Firm Can Help You Navigate It

A New Beginning

We understand that potential clients deciding to inquire about a grey divorce have a lot of life left to live. This is the start of the next chapter of their lives, with a lot more of the story to be written. At Kitson, Haffner & Hyde, LLP we are committed to helping you turn the page and move forward with confidence and clarity. We prioritize your well-being and work tirelessly to achieve the best possible outcome for you.

What is Grey Divorce?

Grey divorce, often referred to as "silver" or "late-in-life" divorce, involves couples usually aged 50 and older. Over the past few decades, the rate of grey divorces has surged, with Baby Boomers leading this trend. Several factors contribute to this phenomenon:

  • Empty Nest Syndrome: As children leave home, couples may find themselves reevaluating their relationships and life goals.
  • Shifting Priorities: With age comes a desire for personal fulfillment and happiness, which may lead to reconsidering an unsatisfying marriage.
  • Financial Problems: Differences in spending habits and financial goals can become more pronounced over time.
  • Reduced Stigma: Society's evolving views on divorce have made it more acceptable for older adults to end their marriages.

Common Issues in Grey Divorce

Grey divorce brings a unique set of challenges that often require specialized attention. In addition to the commonly known issues, here are some additional considerations that may need to be addressed:

  • Division of Retirement Accounts: Dividing pensions, 401(k)s, and other retirement savings can be complex and requires careful legal guidance.
  • Healthcare Considerations: Ensuring both parties have access to adequate health insurance and care is crucial, particularly if one spouse was dependent on the other's insurance.
  • Spousal Support: Determining alimony can be complicated, especially if one spouse has been out of the workforce for a significant period.
  • Housing and Real Estate: Deciding whether to sell the family home or if one spouse will retain ownership, and considering the benefits and logistics of downsizing to a smaller, more manageable home.
  • Business Interests
  • Valuation and Division: Determining the value of any business owned by either spouse and how it will be divided or managed post-divorce.
  • Debt Management: Identifying and dividing shared debts, including mortgage, loans, and credit card debt.
  • Lifestyle Changes: Planning for changes in lifestyle and travel that may come with a single-income household or new living arrangements.
  • Retirement Goals: Reevaluating and adjusting retirement goals and plans to reflect the new financial situation.

How Our Law Firm Can Help

At Kitson, Haffner & Hyde, LLP we understand the complexities of grey divorce and are dedicated to providing compassionate and effective legal support.

Here’s how we can assist you:

  1. Comprehensive Legal Expertise: Our experienced attorneys specialize in grey divorce, ensuring you receive knowledgeable advice tailored to your unique situation. Our Founding Partner, Patricia Kitson, Esq., has been a New York Matrimonial and Family Law attorney for over forty-four years. She has handled countless grey divorces and possesses a wealth of knowledge that only comes with decades of experience. She has personally trained each attorney in the Firm with the utmost standard of excellence.
  2. Personalized Approach: We recognize that every divorce is different. We take the time to understand your specific needs and goals, crafting a personalized strategy for your case.
  3. Emotional Support: Divorce can be an emotionally draining process. Our team is here to provide not only legal support but also to guide you through the emotional aspects of your transition.
  4. Local Expertise: Based in Westchester, New York, we are well-versed in the local laws and court systems. This local knowledge enables us to navigate your case efficiently and effectively.

Contact Us

If you are considering a grey divorce or need more information, don’t hesitate to reach out to us. Contact Kitson, Haffner & Hyde, LLP today to schedule a consultation and take the first step towards a new chapter in your life. We are here to support you every step of the way.