San Antonio Divorce Lawyer for Seniors

Divorce Attorney Serving Senior Clients in San Antonio, TX

Divorce at any stage of life will involve numerous emotional and financial challenges, but for older couples, the stakes are even higher. Senior divorce, often referred to as "gray divorce," is becoming more common, as more couples in their 50s and beyond are deciding to part ways. In San Antonio, Texas, Attorney Brandon Wong provides knowledgeable legal representation for seniors who are navigating the difficult divorce process.

Senior divorces involve unique concerns such as dividing retirement accounts, addressing spousal support, and ensuring the fair division of property acquired over decades of marriage. We are dedicated to protecting our clients' rights and helping them prepare for a secure financial future.

Unique Concerns in Senior Divorce

A gray divorce may involve specific issues that are less likely to play a role in divorces between younger couples. After a long marriage, there are usually considerable shared assets and complex financial arrangements, and a person may have limited time to rebuild wealth. These factors make late-life divorces particularly challenging.

One of the most pressing concerns in a senior divorce is the division of retirement accounts, which may provide financial security for both parties. For couples who have spent decades saving for retirement, ensuring that these accounts can be divided fairly is critical. In Texas, most assets accumulated during a marriage are considered community property. However, special attention may need to be paid to retirement accounts like 401(k)s, IRAs, and pensions to ensure that both parties receive an equitable share.

Dividing retirement accounts requires careful planning to avoid early withdrawal penalties or tax consequences. Attorney Wong will work to ensure that assets are divided in a way that preserves the client’s financial security as much as possible. Whether negotiating a Qualified Domestic Relations Order (QDRO) to divide a 401(k) or determining how to divide pension benefits fairly, he will ensure that retirement assets are handled correctly.

Healthcare is also a major concern for seniors going through divorce. If one spouse has been relying on the other’s health insurance, securing appropriate coverage post-divorce can be a complex issue. This is particularly true for spouses who are not yet eligible for Medicare and need to find alternative health insurance coverage. Attorney Wong can help ensure that health care and other insurance issues are thoroughly addressed during the divorce process so clients can maintain access to necessary medical care.

Complex Property Division in Senior Divorce

The division of property can be one of the most contentious aspects of the divorce process for seniors. Couples may need to address and resolve a variety of complex property division concerns.

Real estate may be a significant cause of concern for many senior couples. They may have invested money, time, and work in their home for decades, and they may own additional properties such as vacation homes or rental properties. Deciding how to handle ownership of real estate can be difficult, especially if one spouse wishes to remain in the family home. Attorney Wong guides clients through these decisions, working to secure arrangements that will meet their needs and protect their financial futures.

Debt division is also a critical issue, especially for seniors who may have accumulated debt through mortgages, credit cards, or loans. Dividing debt fairly and in proportion to each spouse’s ability to pay is essential to ensure that neither party will be unfairly burdened following the divorce. Attorney Wong carefully analyzes his clients’ financial situations and negotiates debt division agreements that are fair and sustainable.

Contact Our San Antonio, Texas Gray Divorce Attorney

If you are facing a senior divorce in San Antonio, Attorney Brandon Wong is here to advocate on your behalf. With a deep understanding of the unique challenges that come with a gray divorce, he will fight to secure a settlement that meets your needs. Contact us today at 210-201-3832 to arrange your consultation and learn more about how we can assist you.