Silver Divorce Lawyer in Green Bay, Wisconsin
Getting a divorce in your 50s is not that stress-free. It demands that you put effort into securing your future after the divorce. If you are in your 50s and want to get a divorce, let our experienced Green Bay gray divorce attorney help you.
At Gage-Michaels Law Firm, we have provided excellent results for our clients with family law issues. Our years of experience allows us to successfully represent our clients in a divorce negotiation and advocate for them in court.
Schedule a consultation with us now, and secure the life that you deserve.
Why do I need a Silver Divorce Lawyer in Wisconsin?
Going through a gray divorce is not easy. Every state has its own set of family laws that governs them. This is why getting the help of a divorce lawyer would be necessary for your divorce’s success.
Our Wisconsin attorneys have great knowledge and experience navigating family law. Also, our law firm features a wide range of practice areas dedicated to giving effective legal service to our clients. Here are some examples:
What is Silver/Gray Divorce?
This is a divorce involving spouses in their fifties or older. For years, there has been an increase in the number of elderly couples divorcing in America.
Common Reasons Why Couples Divorce Later in Life
There are reasons why one or both spouses wish to file for divorce. However, there are specific typical reasons why couples go through a gray divorce. Here are a few examples.
- Financial Reasons
- Health Problems
- Empty Nesters or Empty Nest Syndrome (e.g., children leaving their parents to attend University or take a job that is far from them)
- Falling out of love
Challenges After a Gray Divorce
Undergoing a gray divorce is not easy. If the couple wants to proceed with the divorce, they must overcome several obstacles. But they might experience two main hurdles: financial stability and health issues.
In the early decades of your marriage, you have this financial goal of being stable before you retire – enough to put up with your lifestyles. Also, if you are not yet retired, there is a chance for income growth due to promotions and other side hustles that you may do simultaneously. But, after you reach retirement age, you are living under a fixed amount of money.
So when you undergo divorce, you must split up your assets. You will have to determine who gets what after the divorce. For example, one of the spouses is awarded your house while the other has to find a new home. This may be a problem since this will be more expensive for the other spouse.
Given that both spouses are at a susceptible age for medical concerns going through a stressful divorce raises their chances of developing health problems. Moreover, the loneliness that each spouse may experience after divorce may cause severe anxiety or depression, leading to various mental health concerns.
Division of Assets
The division of property in a divorce in Wisconsin follows community property standards. A community property state presumes that most property earned or gained during the marriage is owned equally by both parties. As a result, unless the parties agree differently or unusual circumstances arise, the property split must be equal.
You should note that the 50/50 rule is not absolute. This implies that a spouse can argue in court, asking for a different outcome. A court may differ from the equal distribution standard f it deems it is justified. Moreover, in determining whether to take that route, a judge can consider several factors, including but not limited to:
- How long was the marriage
- Separate properties that both spouses brought into the marriage
- Separate income of spouses
- Age and health of both spouses
- Community and Separate debts
- Prenuptial agreements
It is vital to note that retirement benefits are considered marital property and are subjected to division in a gray divorce. This is important to highlight since some people who are in their 50s are dependent on their retirement benefits. Moreover, the division of retirement benefits is complicated and often not equal for both of you.
What Other Choices Do I Have Except Divorce?
Knowing the risks and challenges you may face in undergoing a divorce in your 50s, and you might have reconsidered taking another path. The following are the options that you can take besides divorce:
Marriage Counseling or Mediation
The first step before pushing for a divorce is hiring a professional and licensed marriage counselor. Some may not see the usefulness in this, but the fact is that there are instances where you have to talk your differences out. So getting marriage counseling can save you a lot of time and money.
As the name implies, this refers to you and your spouse living apart for a trial time while you decide whether to divorce or reconcile. Regarding property ownership, the same legal requirements apply as when you are married, meaning that everything acquired during the separation is considered marital property.
When a trial separation fails, the couple might choose between divorce and permanent separation. Permanent separation happens when a couple lives apart without the aim of reconciling, but not divorced. Once the judge grants the permanent separation petition, you are still legally married to your other spouse. Still, the debts and assets acquired during the separation will only be entitled to the spouse who earned or received them.
Remember that these solutions may not be appropriate for you because you may have a different goal in mind or situation, which is okay. Other than the options stated above, there are more you can pursue. It is best to speak with a Wisconsin family lawyer about your other choices other than divorce.
Secure your Post-Divorce life with our Silver Divorce Lawyer!
If you have decided to end your marriage with a divorce despite having lived with your spouse for decades, don’t fret! Our Green Bay divorce lawyer is here to provide you with the legal assistance and representation you need.
We can serve as your legal counsel in a divorce negotiation, mediation, or court proceedings. For the past years, we have successfully advocated for our client’s interests, like securing their business after the divorce.
Every person deserves peace and security in life. Let us give that to you. Schedule a consultation with our family law firm in Wisconsin today!