These days, older couples are finding it tougher to stay together. For a range of reasons, our seniors are deciding to live the rest of their lives on their own, and if this sounds like your family, you are ready to talk to a trusted family law attorney in your area. We can help you to understand the intricacies of Connecticut law, from dividing finances through equitable distribution, custody negotiation, and more. And for those thinking about divorce after the age of 50, there are some things to keep in mind.

Here at the law office of Charles & Concilio, P.C. in Cos Cob, CT, we are proud to be a real resource for people in need of some information. Finding accurate and insightful knowledge about divorce online can be tough, so before you turn to a search engine for your legal advice, reach out to our team. From discussions on divorce to a chat about custody, we’re here to help our people through truly tailored legal counsel.

Divorce after 50? Make sure you know your direction with the law office of Charles & Concilio, P.C.

The Average Age For Divorces Is Rising

Divorce is not only for the young anymore. Due to a number of factors, people are choosing to end their marriages at an older age, and with that shift comes some complexities. After all, you and the other person have worked for a longer period to develop a life together. That means that older couples have more to separate during a divorce.

While some states try explicitly to reach as close to a 50-50 split as possible, Connecticut takes a deeper dive into the history of the marriage. This is done through a process called “equitable distribution,” and it can be tough to understand sometimes. If you’re thinking about gray divorce, talk to our office about what that means for your financial standing.

Handling The Division Of A Retirement Account

Traditionally, one of the largest financial assets an older individual holds is their retirement account. Other sources of income, such as pensions, are also important to note. Because with many of these, if you are to pull them in the wrong way, you and your current spouse may be subject to serious tax penalties.

For 401(k) accounts, that means filling out a Qualified Domestic Relations Order (QDRO). Our office can help you to understand when you might need one of these. We are here to provide legal counsel for our clients, and we put the effort in.

Explore Gray Divorce With Charles & Concilio, P.C.

If you and your spouse have seen it through and are ready for a new phase, let’s talk. To find out more about gray divorce, call The Law Offices of Charles & Concilio, P.C. in Cos Cob, CT at (203)234-1000.