Get Reliable Representation For Your New York Gray Divorce

Gray divorce (also known as grey divorce) has emerged as a niche phenomenon in matrimonial law as baby boomers age and more people over the age of 50 are seeking to dissolve their unions after years of marriage. According to a study conducted by the National Center for Family & Marriage Research at Bowling Green State University, the divorce rate among people aged 50 and over has doubled over the last 20 years.

At Poppe & Associates, you will find empathy as well as empowering guidance suitable for the unique challenges this demographic is facing during the life transition of divorce. Managing partner, Kamelia “Mia” Poppe, Esq., who is herself a baby boomer, understands the subtle and substantial differences facing more mature divorcees. Mia and her experienced team can lead you through all aspects of your gray divorce, helping you prepare for a financially stable, post-divorce future.

Financial Issues In Grey Divorce

Three of the most challenging aspects of many gray (or grey) divorces are:

  • Dividing a retirement nest egg that was meant to support one household, and using that retirement nest egg to support two households
  • A diminished pre-retirement timeline (since spouses in a gray divorce generally don’t have an extra 30 years to rebuild a retirement nest egg)
  • Limited capacity for one or both spouses to generate income, because one spouse has typically spent substantial time out of the workforce and simply does not possess current technological skills required in today’s workforce.

Regarding the third challenge above, obtaining education and job skills to reenter the workforce is imminently more difficult after 50. It is common for Mia and her team to work with talented professionals to assess and later present the unique financial impacts of gray divorce in negotiations, mediation or a trial.

Confidence That You Need Through Trustworthy Counsel

Whether you were the primary wage earner during your marriage or contributed to the household in other ways, Mia will work to ensure that your divorce settlement will enable you to retire and remain or become self-supporting during your retirement.

Contact Poppe & Associates today online through the firm’s online form or by phone at 646-665-3903 to arrange a free initial consultation with an experienced New York City regarding your coming grey divorce.