What is Gray Divorce and How Does it Disproportionately Affect Women?

by | Dec 1, 2017 | Lawyers

As more and more couples over the age of 50 opt for divorce, this phenomenon has come to be known as Gray Divorce, and the reality is often unpleasant for the women in these dissolved marriages. An in-the-know Morton Grove divorce lawyer for women is a good advocate to have on one’s team in the event that you are going through a divorce as an older woman.

Financial Difficulties Post-Divorce

Many women in the Chicago area who are facing a divorce in their 50s, or even later, face many financial uncertainties. If the wife opted to stay home in order to raise her family and support her husband’s career, she may find it very difficult to re-enter the workforce post-divorce. If this is the case in your situation, negotiating for an appropriate level of spousal support is a must and is something that a Morton Grove divorce lawyer for women will fight for.

Strategies to Successfully Navigate Financial Life After Divorce

In preparation for financial success following a divorce later in life, women need to seek out good counsel, and a Morton Grove divorce lawyer for women can provide necessary guidance on how to rebuild their financial foundation. This lawyer will often advise that a financial advisor specializing in divorce be hired.

It can be a daunting proposition to start over or take a significant downward adjustment at a time in one’s life when you were expecting to be nearing retirement. Relying on the professional advice of a knowledgeable attorney and a specialized financial advisor can make all the difference in regaining one’s financial footing and emotional well-being in the process.

M. Scott Gordon and Associates, Attorneys at Law is a Family Law and Divorce specialist firm serving the greater Chicago area. With offices in Chicago and Skokie, IL the firm is well-positioned to serve the needs of clients throughout Cook, DuPage, and Lake counties.

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