The fact is, around 50% of all marriages end in divorce, and in today’s day and age, it is relatively common for spouses even in their later years to get divorced. Later-in-life divorces are frequently referred to as gray divorces, and if you are currently in this situation, you should strongly consider retaining the services of a knowledgeable Montgomery County gray divorce lawyer. Contact the Bolton Law Firm, PC today to learn more about divorce in Texas and how we can assist you.
Montgomery County Gray Divorce Lawyer | Guiding You Through the Divorce Process
As you may already know, gray divorces are often extremely complex. This is why you should understand that the attorney you choose may make all the difference. By hiring a knowledgeable attorney who has helped countless individuals protect what is rightfully theirs, you increase your chances of a favorable outcome. The Bolton Law Firm, PC has your back.
How is Gray Divorce Different from Other Divorces?
Though gray divorce typically involves many of the same issues as younger divorces, there are certain key differences. To start, in many cases, gray divorces often entail a more complex equitable distribution process. This is because oftentimes, married couples will commingle their assets, such as bank accounts. When this happens, it can become more challenging for courts to discern which property is considered marital property and which property is considered separate property.
Further, those getting divorced later in life often have investments, retirement plans, and other assets that complicate the equitable distribution process. It is also worth noting that oftentimes, alimony payments are granted for a longer time in gray divorces, as gray divorces generally involve marriages of longer durations (a key factor when determining alimony). Additionally, those getting divorces are not at an age where it would be practical to return to the workforce, which may also impact alimony. These are just some of the ways in which gray divorces differ from younger divorces, which is why you need an attorney who has significant experience handling the unique issues that often crop up in gray divorces.
Contact a Montgomery County Gray Divorce Lawyer
All those who are looking to get divorced at an older age should not proceed without an experienced Montgomery County gray divorce lawyer on their side. Gray divorces pose several issues that other standard divorces do not. Our firm is well-versed in handling these issues, and we are ready to effectively guide you through every step of the divorce process ahead. Contact the Bolton Law Firm, PC to learn more about how we can assist you.