It is becoming increasingly common for those aged fifty and over to end their marriage. This is often known as grey divorce, and it has many ramifications that other types of divorce do not. For this reason, using divorce solicitors in North Wales is essential.
Quite often, older couples have grown up children. These adult children can be equally impacted with the dissolution of family traditions such as meeting up at Christmas and household holidays. They may also be concerned about the impact of the divorce on their inheritance. It is important that they are involved in discussions about the divorce proceedings.
In later life, a couple is more likely to have tapped into their pensions and savings, so the financial impact of the divorce can be huge. A property may be bought and paid for, while other investments may have matured. Having an open and honest discourse about the division of these assets is crucial to the success of the divorce. Spousal support may be finalised based on length of marriage and earning potential.
Solicitors in Porthmadog can also advise more mature people to consider their health when divorcing. Health insurance, for example, may be linked to a couple and living Wills may need reviewing. Furthermore, a long-term marriage may result in anxiety and distress, so it might be a good idea to consider options like mediation and counselling are considered.
At Bennett Smith Solicitors, we will give up-to-date advice on all matters relating to divorce so contact our team today.
