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Going through any divorce is never easy, but clients in their 50s and older often face unique challenges. Working with gray divorce lawyers in Manhattan allows you to benefit from their years of experience managing complex divorces tied to large estates. Legal representation ensures an accurate division of the estate into marital and personal property, so you only part with what you are lawfully obligated to by law.
When spouses in their 50s and older go through a divorce in Manhattan, they trust the seasoned litigators at The Levoritz Law Firm to provide the insight and guidance needed to manage a complex divorce. For over two decades, our law firm has represented executives, business owners, and other high-earners going through a divorce. We understand the emotional and legal complexities of gray divorce and how to protect our clients’ rights and interests.
When you secure legal representation from our award-winning law firm, you are connected directly to one of our lead attorneys who personally manages your case. Over the past two decades, our law firm has gained a strong reputation for thinking outside the box when finding novel solutions to complex problems. At every step, we always prioritize our clients’ interests, so they have the resources they need to start the next chapter of their lives with confidence.
Divorces involving older couples come with unique considerations, but the process of property division and setting spousal support follows the same laws and guidelines that govern any divorce. These cases are heard at the New York County Supreme Court, which is located at 60 Centre Street in New York City. Whether you live in Harlem, SoHo, or the Upper East Side, you’ll be required to account for all assets, properties, and debts tied to the estate.
Once the estate is accounted for, it will be divided into separate and marital property. Then, the state’s equitable distribution laws require marital property to be divided fairly. This does not always mean a 50/50 split. When both parties can agree to the terms of property division, the courts generally honor those decisions. Otherwise, a judge may make a ruling based on the facts.
After a lengthy marriage, married couples often amass significant assets and properties. The task of accounting for every part of the marital estate can be challenging, and the courts require full disclosures by both parties. Negotiations on how to divide those assets can also lead to challenges that may require intervention by the courts.
A lengthy marriage may also raise the possibility that one spouse is eligible for spousal support, either on a short-term or long-term basis. Those requests are reviewed by a judge who considers state guidelines when ruling on such matters. A lengthy marriage where one spouse did not work could provide grounds for alimony to be included in the final divorce order.
Going through a divorce in your later years without strong representation could be a costly mistake. When you hire a gray divorce lawyer, you benefit from their understanding of gray divorce laws and how they could affect your gray divorce case. While court cases involving younger couples often focus on child custody and support, a gray divorce can require a careful examination of marital property and considerations of spousal support.
Gray divorce attorneys in Manhattan understand the financial complexities of accounting for multiple properties and complex assets. The median household income in Manhattan is around $101,078, and many locals earn far more than that. With an average divorce rate of 2.4 per 1,000 residents across the state, many couples in their later years find themselves grappling with complex decisions during a divorce.
A: New York is a no-fault state for divorce. Either spouse can initiate a divorce at any point during the marriage. There is no requirement to establish fault. Petitioners often cite irreconcilable differences when filing for divorce. The case will then move forward even if the other party does not respond or does not participate in the proceedings. Once a case is filed, the other party must be properly notified and allowed to respond.
A: The decision to divorce at 60 or at any age is up to the individual who is considering that choice. Divorces are deeply personal matters. While dissolving a marriage should never be taken lightly, many find that ending an unhappy or hostile marriage can lead to positive outcomes and opportunities once the process is completed. You can consult with an attorney, even if you are in the early stages of considering a divorce.
A: The main challenges of a gray divorce include accounting for all of the assets of the marital estate, navigating negotiations on how to divide those assets, and considering whether to set alimony payments as part of the final court order. Throughout the process, having legal representation can ensure that your spouse is transparent in their own dealings with the court and that your rights are fully protected.
A: While there are no predetermined outcomes in court, the party with the strong legal representation usually comes out on top in a divorce. Conversely, anyone who fails to secure legal counsel could be at risk of losing property they would otherwise be able to keep. Having an experienced attorney by your side can also shape the outcome of a spousal support dispute.
Going through a divorce in your 50s or senior years can lead to complex challenges that require legal support. The Levoritz Law Firm brings decades of combined legal experience to divorces where large estates must be accounted for and carefully divided according to state law. Our lawyers take a hands-on approach to managing these types of cases, and we always prioritize our clients’ interests.
Whether you are concerned about your spouse being honest on financial disclosures or worry about being ordered to pay unsustainable spousal support payments, our law firm can guide you through your options. Once we understand your goals, we can take decisive action through negotiations or litigation. To learn more about how we can help you protect what you’ve built, contact our office today to meet with our legal team.
This page has been written, edited, and reviewed by a team of legal writers following our comprehensive editorial guidelines. This page was approved by Founding Partner, Yonatan Levoritz who has more than 20 years of legal experience as a divorce & family attorney.
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