Saturday, July 28, 2012

Recovering from divorce - the retirement dilemma

We often represent clients nearing retirement age.  When this occurs, there are special considerations that need to be made.  What does the reduction in income mean for the client’s lifestyle?  Will there have to be adjustments in income and / or spending because of reduced availability of retirement funds.  These are some of the questions that your Georgia divorce attorney should be thinking about, along with your financial planner.  Divorcing when you are nearing retirement age presents unique challenges as well as opportunities, but they must be fully explored in order to make sure the client is protected.

Make sure your divorce lawyer is adept in these unique areas.
Source:  Recovering from divorce as he nears retirement
By Andrew Allentuck, Financial Post

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