Resolving The Challenges Of Divorce For Older Adults
Many couples are now finding that once their children are grown and moved out, they are looking across the breakfast table at a total stranger. They have been so busy raising their children that they have lost touch with their couplehood, and they do not want to spend their retirement years together. Sometimes there have been mistakes made by one or the other spouse that the other is unwilling to forgive. Whatever the reason, it is not rare and divorce among older adults, often called “Grey Divorce,” is on the rise across Canada.
For almost four decades, I have been representing retirees and clients of all ages through my law firm, Judith Holzman Law Offices. I have practiced across the courts in Ontario and am a trained mediator and arbitrator. I am also a collaborative lawyer. I will carefully go over the details of your situation to help you understand your full range of options for moving forward and planning your life after separation and divorce. Let me provide the clarity and representation you seek.
Answering The Difficult Questions
I can walk you through all the legal ramifications and financial implications of separation and divorce, helping you answer questions such as:
- “Do I have to divide my retirement assets with my ex-spouse? If so, can I still afford to retire?”
- “Will I have to go back to work in order to support myself after divorce?”
- “How can we split the value of our family-owned business while still keeping it operational?”
- “Must I pay spousal support if I’m living on a fixed income?”
- “Am I responsible for any of the debt that is in my spouse’s name, such as credit card debt?”
- “Will I have to continue to work beyond the age I had originally planned to retire in order to support my spouse?”
- “What about my Canada Pension Plan that I have paid into for many years?”
Creating A Strategy To Protect Your Future
Whether you have millions in investment assets, or only a simple pension plan or an RRSP, and whether you are renting or own a home, I will work diligently to preserve your financial security. I am experienced in developing effective property division strategies, negotiating spousal support payments and addressing other concerns.
To set up a consultation or to learn more about divorce for retirement-age individuals, contact my office online or call me at 905-303-1070 (Vaughan), 416-977-3050 (Toronto) or 1-866-233-0945 (Canada toll free).