April 19th, 2012
Statistics released today have revealed that divorce rates for the over 60’s have increased dramatically.
The increase in ‘silver separations’ is down to various factors, as people are living longer and are more active in their retirement years.
Baby boom couples who have grown apart no longer feel the need to stay together ‘until death do us part’. This is largely down to a shift in the stigma attached to divorce. Couples are increasingly recognising that 60 is the new 40, and they still have a lifetime ahead of them.
However, couples that are considering divorce or indeed have already separated should obtain expert advice, as there are a number of implications that need to be carefully considered. It is usual that the matrimonial home and the couple’s pension provision will be their principle assets, and it is vital to obtain expert advice with regards to resolving the financial aspect of divorce, to ensure that the retirement years can be enjoyed to their full.
Every case is unique and needs to be treated as such. Divorce at any age can be extremely stressful and have serious consequences. It is vital to obtain professional advice so that you are able to plan for a financially secure future.
If you require any further advice or assistance in relation to divorce and the financial implications, please do not hesitate to contact Lisa Warden on 01788 532926 to arrange an initial free hour consultation.
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