Law Office Of Timothy S. Keough, P.A.

Call Our Office For Assistance | 352-508-1446

  • Home
  • About
    • Timothy S. Keough
  • Family Law
    • Divorce
    • Child Custody And Visitation
    • Financial Support
    • Modifications Of Court Orders
    • Mediation
    • Guardian Ad Litem
    • Protective Orders
  • Blog
  • Contact
Law Office Of Timothy S. Keough, P.A.
  • Home
  • About
    • Timothy S. Keough
  • Family Law
    • Divorce
    • Child Custody And Visitation
    • Financial Support
    • Modifications Of Court Orders
    • Mediation
    • Guardian Ad Litem
    • Protective Orders
  • Blog
  • Contact
 352-508-1446

Timothy S. Keough

Dedicated Advocates For Your
Family's Legal Needs

Achieving a fair later-in-life divorce settlement

On Behalf of Law Office of Timothy S. Keough, P.A. | Jan 7, 2021 | Divorce

Millions of people are setting goals for 2021. Family courts in Florida and throughout the country typically see an uptick in divorce cases during the month of January, as starting afresh in life and dissolving a marital relationship is a New Year’s resolution that is common for many individuals. For those filing petitions at an older age, it is especially important to be proactive in making sure to obtain a fair settlement.

People who are age 60 and beyond currently have the highest rate of divorce in the United States. In such cases, financial issues are often a top priority. While going separate ways after decades of marriage can spark an emotional upheaval in a person’s life, the financial implications of a later-in-life divorce can have a significant impact on a spouse’s ability to provide for him or herself down the line.

Particularly for people who are accustomed to living in dual income households, the sudden loss of income can cause serious financial distress after divorce. In fact, many people over age 60 see their income drop by as much as 33% after a divorce. A concerned spouse will want to take all financial issues, including pensions, investments, major assets such as the marital home and more into account before agreeing to a settlement.

It is helpful to consult with an experienced Florida family law attorney before navigating divorce proceedings. An attorney will focus on protecting a client’s interests and make recommendations regarding settlement issues. The lawyer can also remain on hand to bring any problematic issues to a judge’s attention on a client’s behalf, such as if the other spouse has not fully disclosed all assets and liabilities.

Recent Posts

  • How a spouse may try to hide assets during divorce
  • Types of alimony
  • Does child preference matter in custody?
  • What are common divorce mistakes to avoid?
  • How can you provide stability during family upheaval?

Categories

  • Divorce
  • Family Law
  • Firm News

Archives

RSS Feed

Subscribe To This Blog’s Feed

The Legal Support You Need
From An Attorney You Can Trust

How Can We Help You?

Law Office Of Timothy S. Keough, P.A.

Office Address

131 W. Main Street
Lake Professional Center
Tavares, FL 32778

  Tavares Family Law Office

Phone Number

352-508-1446

Office Hours

Mon – Thur: 8:00 am – 5:00 pm
Fri: 8:00 am – 12:00 pm
Closed on all federal holidays

© 2025 Law Office of Timothy S. Keough, P.A. • All Rights Reserved

Disclaimer | Site Map | Privacy Policy | Business Development Solutions by FindLaw

Review Us