Gray Divorce Attorney In Bloomfield Hills, Michigan
Ending a long-term marriage later in life brings financial and personal concerns that are often very different from other divorce matters. A gray divorce frequently involves decades of accumulated wealth, retirement planning and the marital home, making thoughtful legal guidance essential.
At Bono Legal Group, PLLC, attorney Sherri Bono has assisted clients in Bloomfield Hills and throughout Oakland County with care, compassion and discretion. With decades in the legal field and a focus on high-asset family law matters, our firm can help you move forward even when your situation is highly complex.
What Is A Gray Divorce? What Makes It Different?
A “gray divorce” refers to divorce later in life, often involving spouses over age 50. Unlike shorter marriages, these cases often involve long-term financial interdependence, established lifestyles and substantial marital estates.
Late-life divorce often raises concerns involving:
- Retirement assets, including pensions, IRAs and 401(k) accounts
- The marital residence and secondary properties
- Business interests and investment portfolios
- Future income and health care planning
Because there is less time to rebuild financially before retirement, every decision can have long-term consequences. An experienced lawyer helps determine what counts as marital property under Michigan law and what should be considered one spouse’s separate property.
How Are Retirement Accounts, Pensions And The Marital Home Divided?
Property division is often the central issue in a gray divorce. Michigan follows equitable distribution principles, meaning assets are divided fairly based on the circumstances of the marriage.
Our attorney regularly assists with:
- Dividing retirement accounts and pension benefits
- Addressing deferred compensation and stock holdings
- Evaluating the marital home and investment real estate
- Reviewing valuable collections and high-value personal property
These matters may require QDROs, appraisals and a detailed financial review to identify the full value of the marital estate.
What Should High Earners And Stay-At-Home Spouses Know About Spousal Support?
In a gray divorce, when there are disparate income levels or one party is a stay-at-home spouse, permanent alimony is more likely to be awarded. To determine what is fair, the court will generally consider the length of the marriage, the standard of living established during the union and each party’s separate assets.
Speak With A Bloomfield Hills Gray Divorce Lawyer Today
At Bono Legal Group, PLLC, we provide strategic, discreet representation for high-asset gray divorce matters. From our office in Bloomfield Hills, we help clients in Birmingham, Rochester Hills and throughout Oakland County, Michigan. Call 248-266-4627 or use the online contact form to speak with an experienced lawyer today.