Nobody wants to imagine the day where they get divorced, especially if they have been married for such a long time. However, there are more divorces in the United States than ever, and this is no exception for those over the age of 50. Divorce is never easy, and when couples divorce later in life, it may become even more complex. Our firm is here to help. Please continue reading and speak with our knowledgeable Bergen County divorce attorneys to learn more about late-life divorce and how our firm can help you through every step of the legal process ahead.
Why is late-life divorce more complex than other divorces?
Although late-life divorce involves many of the same issues that other divorces involve, such as alimony, certain facets of the divorce process, such as property division, will almost certainly be more complex. Parties who have been married longer often have acquired more joint assets in their lifetimes. Finally, you should note that those approaching retirement age will have to consider retirement funds, pension plans, and more, and if you are someone whose only source of income will be your retirement plan, you need an attorney who can fight for what is rightfully yours.
How does alimony work in late-life divorces?
As you know, alimony is a very common divorce-related issue. New Jersey courts consider various factors when determining alimony agreements, though one of the most important factors is the duration of a marriage. If you have been married for over 20 years and are the financially dependent spouse, there is a very good chance that you may receive open durational alimony. Essentially, open durational alimony has an open term until the court terminates it or the parties agree to terminate it. This type of alimony may be modified upon a substantial change in circumstances.
Our firm is well versed in the complexities of divorces that occur later in life so contact us immediately if you are contemplating divorce or your spouse has filed for divorce.
Contact our experienced New Jersey firm
We understand how confusing certain legal issues can be, which is why we are dedicated to providing individuals with the compassionate, knowledgeable legal representation they deserve. Aronsohn, Weiner, Salerno & Kaufman has helped clients with various difficult legal challenges for over 40 years, which is why we know we have the experience needed to do the same for you. For experienced legal counsel regarding family law, litigation, business law, real estate, and criminal law, you know where to turn–contact Aronsohn, Weiner, Salerno & Kaufman today to schedule a consultation.