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Specialty tag(s): Alimony & Spousal Maintenance, Divorce, Gray Divorce
Navigating Gray Divorce Challenges in Texas: What You Need to Know About Alimony and Spousal Support
Esther R. Donald | December 16, 2024
Divorce is an emotionally trying experience, and it can be even more difficult for seniors. Older couples who have spent decades building a life together must contend with unique challenges that younger couples do not. In a “gray divorce,” spousal support, complex asset division, and other family law matters may become more difficult to resolve. That is why you need a divorce lawyer on your side who is familiar with the process and nuances of later-in-life divorce to guide you through it.
The experienced divorce lawyers at Goranson Bain Ausley are here to help. Our team of accomplished family law attorneys will work hard to secure the emotionally and financially stable future you deserve, regardless of the complexity of your situation.
The Unique Challenges of Gray Divorce
Gray divorce happens for a number of reasons. Some couples divorce for financial reasons, others because their children were the “glue” of the marriage and now the kids have grown and flown, and some because they have drifted apart over time. Whatever the reason, issues in gray divorces require great care and attention.
In a gray divorce, alimony/spousal support can be a key concern. This is because individuals in gray divorces are usually near retirement or have already retired. Upon retirement, one or both spouses may no longer have the traditional income from their employment to which they have become accustomed. Retirees often live on fixed incomes which can make managing alimony payments difficult.
Other factors that can complicate a gray divorce include:
- Retirement Plans: In a gray divorce, the separating couple often has to split their retirement savings. Doing so can drastically impact both partners’ plans for their retirement and their future.
- Division of Assets and Finances: Because couples over 50 are more likely to have been together longer, they generally have more complex financial situations than younger couples. Investments, real estate, and sophisticated employee benefits such as pensions and deferred compensation plans all have to be accounted for and divided between the parties.
- Health Insurance: If one partner is covered by the other’s health insurance, that coverage will end upon divorce, and finding new coverage can be difficult for a spouse who is not employed.
Why Choose a Goranson Bain Ausley Divorce Attorney to Handle Your Gray Divorce?
Alimony and division of property can be complex issues to resolve in any divorce. The family law attorneys at Goranson Bain Ausley are well-equipped to help you get through the process as painlessly as possible. We’re some of the most well-respected lawyers in Texas and, when you choose us to help you navigate the complexities of your gray divorce case, you can rest assured that we will always serve your best interests with a deep commitment to personal attention and integrity. We have more than 40 years of experience handling challenges like gray divorce, spousal support, and a wide variety of other family law issues. You can count on our local divorce lawyers working out of our Austin, Dallas, Fort Worth, Granbury, Midland, and Plano law offices to:
- Lend an empathetic ear so we can understand your goals, challenges, feelings, and circumstances
- Clearly and concisely explain all options available as they relate to alimony and spousal support
- Develop a comprehensive legal strategy to secure the future you envision for yourself
- Supply sound legal advice to help you make the best decisions for your unique situation
- Employ the most efficient approach available to help you avoid any unnecessary expenses
- Address emotional concerns such as the impact of your divorce on your adult children and extended family members
If you’re over 50 and considering a divorce in Texas, contact us today for a legal consultation. Our skilled attorneys will help guide you toward the future you deserve.
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