Skilled Attorneys Specializing in Gray Divorce

Gray divorce is a divorce involving spouses who are 50 or older. These couples are entering a different phase of life and may have different ideas about how to spend their time. But splitting up in your senior years can bring a unique set of challenges, for which you’ll need a skilled lawyer to navigate. Goranson Bain Ausley, the largest law firm in Texas exclusively practicing family law, includes some of the best and most well-respected lawyers in the state and can help you find the right divorce attorney specializing in gray divorce to help you move forward with the divorce process in a way that is mindful of the life you and your spouse have built and the future you envision for yourself in this new stage of life.

Unique Issues That an Attorney Specializing in Gray Divorce Can Help Navigate

For couples over 50, getting a divorce is never easy. A gray divorce often includes additional considerations because couples are more likely to have amassed community property and assets that will need to be divided.

Common questions that may arise in a gray divorce include:

• What Happens to Your Retirement Benefits? Pensions and retirement accounts are considered community assets during a divorce in Texas, and a gray divorce is no different. These assets will need to be divided between the divorcing spouses. This can lead one or both spouses to come up short of the money they need to get through their golden years. Social Security benefits are not subject to division in a divorce, but if the spouse receiving these benefits is required to pay spousal support, they may end up dipping into their benefit check to do so.
• Whose Property Is Whose? Texas is a community property state. This means that most of your assets are considered to be jointly owned. However, either spouse may have come to the marriage with their own separate property. But over the course of a long marriage, it’s easy for the line between separate and community property to become blurred; decades after the marriage began, it can be difficult to prove that a certain asset belongs to only you and not your spouse.
• Will You Still Have Health Insurance? If you’re retired but covered under your employed spouse’s health insurance, that coverage will end when the marriage ends. This is the worst time of life to be left without insurance, so you’ll need to plan out how you’ll get coverage before the divorce is finalized.

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