Reviews

Reginald Black

Feb 20, 2017

I can\'t say enough about Kathleen Gingrich. I needed her services at a very difficult time in my life. ...

Deb Hoffert

Feb 08, 2017

I can not say enough great things about this law firm. Everyone is extremely knowledgeable, professional and above all else ...

John Arena

Feb 01, 2017

Peter Russo and the staff at his firm have handled my personal and professional business for almost a decade. His ...

rick scott

Feb 01, 2017

Peter was easy to work with and handled my case first class. He was knowledgeable about my case (possible age ...

Jenn Spears Brenize

Feb 01, 2017

Peter is extremely knowledgeable and aggressive, yet even-tempered. He is professional, diligent, and compassionate, and responsive to his clients\' ...

Cliffeton green

Oct 30, 2018

Very professional knows what he\'s doing. Very good with people.

Karen Young

Oct 30, 2018

Mr. Russo gives very solid business guidance. He clearly understands the law but, more importantly, the needs of a business ...

Heather E Steavens-Jones

Oct 30, 2018

If you want a lawyer to give you guidance with your interests as a priority then Pete Russo is the ...

Tami Johnson

Oct 30, 2018

Pete and his team were exceptional in helping my husband and I buy our first small business. Couldn\'t have ...

Lori Keim

Oct 29, 2018

Peter is knowledgeable, caring and honest. I have found his advice to be more focused on what is right for ...

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Grey divorce: focusing on property division

No matter how hard it may be to imagine, the divorce rate among older couples is skyrocketing. We are not talking couples in their early 50s splitting up because the kids have left for college and they realize they don’t have much in common. We are not even talking about people in their late 50s adjusting to the stress of having a college graduate move back home. Instead, we are talking about individuals in their 60s and older.

At this point in life, most divorcing couples are not focused on winning child custody or securing sufficient child support. Instead, they are looking to divorce attorneys to help them navigate a divorce settlement that will give them enough to make it through¬†retirement. Older couples who are contemplating divorce likely don’t want to spend more time working because of a sudden loss of income.

And with the divorce rate among people 60 to 65 increasing threefold since 1990 and fivefold for people over the age 65, this concept of retirement after divorce is an important one. What complicates this is that many of the individuals have divorced or are divorcing a second, third or subsequent spouse. This means individuals may be getting portions of several different spouses’ retirement benefits.

Trying to negotiate a fair division of property can be difficult in Pennsylvania, especially because the one clue attorneys have to go on is that the division must be equitable. What exactly does that mean? Does it mean that a husband should get half of his soon-to-be ex-wife’s retirement accounts? Does it mean that someone divorcing her third husband should get a portion of all of her hubands’ retirement account? By working with a family law attorney, many of those questions can be answered.

Source:¬†Time, “Divorce Watch: Couples of All Ages Are Less Stable Than Ever,” Belinda Luscombe, March 31, 2014