Tag: Finances

Money issues in Divorce.

Gray Divorce Isn’t Just Emotional, It’s Financially Risky

Gray Divorce Isn’t Just Emotional, It’s Financially Risky

Gray Divorce and Retirement: What the Allianz Study Means for Your Future

A new study by Allianz Life shows that one in three Americans aged 61-75 who have been divorced say it negatively affected their retirement security. And the trend of gray divorce (divorcing later in life) is only growing.
The study highlights a growing concern in family law and financial planning: the impact of divorce on retirement security. As more Americans over age 60 choose to end their marriages, the long-term consequences are becoming harder to ignore.
Keep reading for my four key findings from the study:

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Interview: Business Insider

Divorce court is normally quiet during the holiday season, but this year it’s booming as the pandemic drives couples apart.

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  • Divorce lawyers told Insider the nature of the pandemic has led to feelings of desperation and contempt and pushed couples to ignore previous holiday niceties.

I spoke with Business Insider about the continued high rates in divorce when in most years there is a holiday lull; but 2020 is giving no breaks as the rate continues to soar:

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Interview: Real Simple

Divorce rates are expected to jump significantly in the second half of 2020—and that’s coming at a time when we can least afford it. Plus, how to divorce when money is tight.

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I spoke with Real Simple about the rising divorce rates and difficulties that couples are experiencing divorcing during a pandemic:

Continue reading “Interview: Real Simple” →

London Times: Crisis Brings Out The Best In New York’s Lawyers

Business Meeting on the Island
When times are hard, the beautiful side of people tends to surface. I had the good fortune to speak with Amber Melville-Brown for her article in the London Times about the many ways New York’s lawyers are working to help people during this crisis.
My firm, Davidoff Hutcher & Citron, jumped into action by creating a task force of attorneys and lobbyists to help our clients apply for various SBA stimulus packages. We worked long hours deciphering new law and researching the issues for the greater good.
Many other lawyers throughout the city have worked tirelessly for their clients during this time – and that includes the entire court system that has jumped to embrace a world of technology that we never thought possible.

Morghan Richardson, a partner at Davidoff Hutcher & Citron, says that “up to now, there has been a divide between tech-savvy attorneys and those stuck on how they have always done it.

“But technology is now showing the valuable connections that we can bring to the table by evolving.”

Read more at the link (Crisis brings out the best in New York’s lawyers: From offering assistance to frontline health workers to supporting small businesses trying to get loans, attorneys are stepping up — despite the challenges).

Have a shout-out to a lawyer going above and beyond during this time? Post it in the comments and let’s share some positive vibes today.