You never expected to be divorcing in your 60s. You always thought that you’d be with your spouse forever, but they’ve turned around and said that they don’t want to stay together.
Since your paths are parting, now is a good time to talk about divorcing after the age of 60 and the impact it can have on your life. Emotionally, separating from someone you’ve known for much of your life can be devastating. Financially, it can be, too.
Cope better with your divorce in your 60s
It is important that you’re able to emotionally and financially cope with your divorce at any age. When a couple over the age of 60 separates, it may mean that there are significant assets to divide and protect. You may be concerned about retirement, splitting properties and seeking fair spousal support, too.
Before you split up, consider counseling
Although it’s perfectly reasonable to want to separate at this age, you and your spouse may want to consider going to counseling before making that decision. You may not be in love anymore, but that doesn’t necessarily mean a divorce is going to be right for you financially, at the very least.
Get financial support from a forensic accountant
If through counseling you both decide that a divorce is the right answer, then it’s time to move on to seeking financial advice. It’s smart to hire a forensic accountant to track down all of your financial assets and major holdings. They’ll be able to find assets you may have forgotten about as well.
Don’t forget to keep your attorney informed
Finally, remember that the counselor, forensic accountant and others involved in your case can work together, at least in some ways. Make sure you talk to your attorney about what you are planning to do and have a discussion about how your divorce may affect you. Your attorney can talk to you about state laws that might affect your case as well as other aspects of divorcing that you may not have considered.
In the end, it’s important to have solid representation for yourself and to be willing to fight for a fair outcome, so your financial future is protected.