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Course Details

Course Information
  • smart_display Format

    On-Demand

  • signal_cellular_alt Difficulty Level

    Intermediate

  • work Practice Area

    Family Law

Date & Time
  • event Date

  • schedule Time

    1:00 p.m. ET./10:00 a.m. PT

  • timer Program Length

    90 minutes

Credit Information

  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.

$197.00
CLE
ALL

This CLE course will educate family law practitioners on issues surrounding the growing trend of couples aged 50 and over divorcing, referred to as "grey divorce." Though child custody typically is not an issue, long-term financial intertwining of assets and liabilities, as well as items of established sentiment, provide some of the many challenges counsel must navigate and overcome.

Description

The divorce rate among adults aged 50 and older has continued to rise, with nearly a third of all divorces now involving this age group. Family law practitioners must be well-prepared to handle the unique challenges of grey divorce. Grey divorces often involve complex financial entanglements, long-term asset division, and sentimental items that require careful consideration.

Older adults who divorce tend to have lower asset bases compared to those who remain married, with grey divorced individuals possessing only a fraction of the wealth of younger married couples.

Complex issues surrounding the revocation of wills, trusts, and medical directives; the maximization of retirement assets; the division of long-held real estate; and long-term care planning often arise. Life insurance considerations are also critical due to the increased likelihood of death before the end of spousal maintenance obligations.

Join our expert panel as they delve into the legal, financial, and social aspects of grey divorce. The discussion will cover asset and liability management, retirement and long-term care issues, and the psychological factors driving this trend.

Outline

  1. Social, economic, psychological, and demographic exploration of grey divorce
  2. Legal issues particular to grey divorce
    1. Possible revocations of wills, trusts, and directives
    2. Retirement issues
      1. Financial
      2. Long-term care
    3. Real estate
    4. Insurance
    5. Grandparental visitation rights
  3. Practical guidance
    1. Documents to review
    2. Exploration of medical considerations
    3. Government benefits
    4. Practice guidance in grey divorce representations

Benefits

The panel will review these and other key issues:

  • Exploration of grey divorce trends
  • The specific application of general divorce expertise to grey divorce instances
  • Discussion of particular items of importance in grey divorce legal representation