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Baby Boomers Break Up

How often do we hear the phrase "It is too easy these days to get divorced? The young just throw in the towel at the first sign of trouble". However it has recently been reported that pensioners are the only age group where the divorce rate is rising. According to a recent article in the Daily Mail more than 11,500 over-60s were granted a divorce in 2009 - up 4% in two years from 11,040 in 2007.
http://www.dailymail.co.uk/news/article-2063430/The-growth-silver-separations-Divorce-rate-60s-surges.html

Ros Altmann, Director General of the over fifties group Saga is quoted as saying:- "This is more proof that life is really changing for the over-sixties and for many it is the start of the next phase of their lives…. We are really witnessing a major social revolution, with older generations no longer behaving in the traditional manner".

This increase undoubtedly has implications as to how the family law solicitor interacts with his or her client and the advice tendered

In particular when considering financial provision on divorce different factors will have more importance in relation to the older client. These include the following:-

a) What is the state of health of the spouses and their life expectancy?
b) What was the standard of living of the parties during the marriage?
c) Is the family home mortgage free?
d) Has either husband or wife inherited monies on the death of their parents? If so, has the inheritance remained in its same form (see Blog June "Canny Moss buys Marital Home Alone").
e) What is their earning capacity and the extent of their investment income?
f) Are their pensions already in payment?

Please contact our specialist Family Law Team for advice and assistance.

Posted by

Jenni Ross

Jenni Ross

PA to Shaun George

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