Van Valkenburg Law
25 Years Of Family Law Experience In the Twin Cities and Greater Minnesota
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Understanding The Nuances Of Gray Divorce

It is not unheard of for a couple to divorce after decades of marriage. In fact, for couples over the age of 50, the divorce rate has become quite high, giving rise to a phenomenon known as "gray divorce." As older couples tend to be more financially secure, this type of marriage dissolution can be both complicated and costly.

A gray divorce warrants an attorney with experience. I am Jane Van Valkenburg, and I have been practicing as a divorce lawyer for 25 years. Serving Edina and the greater Twin Cities area, I provide my clients with an attentive approach that puts their best interests first.

Unique Financial Consequences To Consider

While divorce is an unfortunately common reality, its particulars are often subjective. For an older couple with adult children, child custody and child support may not be an issue, but there may be a significant amount of property to divide. Some important elements of a gray divorce can include:

  • Retirement accounts: In the state of Minnesota, retirement assets are considered marital property if they are accumulated during a marriage. Your spouse may be entitled to a considerable share of your retirement savings.
  • Estate planning: A divorce is a major life change, and as such, it merits revisiting your estate plan. You may need to adjust the beneficiaries of your will, and an attorney can advise you on this process.
  • Spousal support: If a couple has been married for a long time, it is possible that one spouse has been long absent from the workforce. Because of this, a greater alimony figure may be necessary.

A divorce is often an emotionally fraught event. When a couple has a significant amount of history, divorce proceedings can be complex, tense affairs. I recognize that gray divorces can be especially challenging, and I can help you reach the most optimal resolution available.

Arrange For Your Free Consultation Today

To better understand divorce over 50 or divorce in retirement, contact my office today. I am available by phone at 952-204-5237, as well as via email. For your convenience, I offer free initial consultations.

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