Nicaud & Sunseri Law Firm, LLC
Southshore Local 504-662-9596
Northshore Local 985-218-0494
Menu Contact
Making the ComplexUnderstandable

Financial concerns? Louisiana boomers may want divorce info

As Louisiana residents grow older, their families likely have many concerns about their well-being. While these concerns may come out of love, they could also seem overwhelming if older individuals choose to make a significant life change. Divorce can not only result in an older couple having many decisions to make, but it could also result in their needing to address their decisions with their families.

Though many individuals may have remained married for the kids, they may no longer feel the need to do so after the children have grown. However, learning of the divorce of their parents or grandparents can cause distress for kids and grandkids, even adult children. They may worry about their parents' finances, which is a valid concern as baby boomers can face monetary challenges when divorcing close to retirement.

Luckily, individuals can reduce their families' worries by understanding the financial impacts themselves. Speaking with financial and legal professionals could help them determine how to best approach their divorce so as to minimize negative financial effects. By having this information, parents may be able to explain their plans to their kids and let them know they are prepared for the potential outcomes.

For older Louisiana residents thinking about divorce, gaining the correct information can make a considerable difference. Therefore, they may wish to ensure that they utilize resources that provide reliable and timely knowledge. Experienced attorneys are available to answer questions and help address issues. Interested parties may wish to enlist the assistance of such professionals in order to gain a better idea of what to expect from their cases and how to handle possible financial impacts.

Source: bizjournals.com, "When boomers divorce -- what are the financial implications", Elizabeth Hodges, May 8, 2017

No Comments

Leave a comment
Comment Information
Email Us For A Response

How Can We Help?

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Office Location

Covington Office
7020 US-190
Suite A
Covington, LA 70433

Fax: 985-624-9698
Map & Directions

Metairie Office
3000 18th Street
Metairie, LA 70002

Toll Free: 800-230-7591
Phone: 504-662-9596
Phone: 985-218-0494
Fax: 504-833-2843
Map & Directions