Building Your Support Team After Spousal Loss or Gray Divorce
February 11, 2025
POSTED IN: Aging TAGS: Aging Alone, Elder Law
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This week, we continue our Women in Aging blog series.Becoming single later in lifewhether due to the death of a spouse or a gray divorcecan be emotionally overwhelming and financially complex.Women, in particular, face unique challenges.
Studies show that widows experience a 37% decline in household income, while divorce after 50 (often called gray divorce) suggests womens household income generally drops between 23% and 40% in the year after a divorce.Building your support team after a spousal loss or gray divorce can provide needed stability and guidanceTroubling informationThe economic effects of spousal loss or gray divorce are often less dramatic for men, and some studies show that their incomes may even rise after a breakup.Additionally, widowhood is linked to increased risks of depression, loneliness, and financial stress.Essential Professionals for Your Support TeamElder Law Attorney: It is crucial to update estate planning documents, protect assets, and plan for future care needs.An elder law attorney can help ensure that your financial and healthcare wishes are legally documented.
Finding a lifecare planning elder law firm is especially important due to its added support and advocacy focus.Financial Advisor: Managing assets, adjusting investments, and creating a long-term financial plan can help secure your future.A financial expert can guide you through Social Security benefits, pensions, and budgeting.Tricia Mulcare, CFP, CPA, PFS, Principal at Homrich Berg, specializes in working with single women and discusses essential considerations when choosing an advisor, including fee structure and financial goals HERE.Insurance Agent: It is critical to review health insurance options, including Medicare and long-term care insurance.
Additionally, updating home and auto insurance policies can help prevent unexpected gaps in coverage.Building a Personal Support SystemWhile professional guidance is necessary, emotional and social support is equally important.Consider:Support Groups: Widow or divorce support groups offer a safe space to share experiences.Book Clubs & Walking Groups: Engaging in enjoyable activities can help rebuild your social network.Volunteering: Giving back to the community can provide a sense of purpose and connection.Life after a spousal loss or divorce is a new chapter.You can regain confidence and control over your future by surrounding yourself with the right professionals and social connections.
Hurley Elder Care Laws holistic law practice perfectly fits clients navigating these life changes.Choose us to join your team of trusted advisors by calling 404-843-0121 to schedule an attorney consultation virtually or at one of our four convenient Georgia office locations (Atlanta, Duluth, Peachtree City, and Woodstock).
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Posted in AgingTags: Aging Alone, Elder Law
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The firms responsiveness has been superb, their work flawless and their advice kind, compassionate and professional.I'll forever know that their guidance prevented us from making many bad decisions.Neal R.Hurley Elder Care Law went to work for my Mother and navigated all of the Government red tape and got her approved for Medicaid in short order.I, as her POA, could not even begin to climb the mountain of paperwork on my own.David Q.Superb service through a difficult maze of governmental regulations and requirements which are not navigable by an individual without a depth of knowledge that far exceeds mine.Wallace M.Due to aging, escalating health and cost concerns for both my husband and myself, I chose to work with Hurley Elder Care to do care and estate planning.
I am so very pleased with the result.I have a much improved understanding of the complexity of this process, the necessary documents, timing, regulations and the need for professional guidance.Gina M.All I can say is Wow ! I have never seen a team attack and solve a problem like Hurley.We lost our father and two weeks later our mother suffered a severe stroke.
Nursing home costs were draining their life savings, but Hurley found a solution and got things under control.Gary G.Very comfortable atmosphere.They treat you like you are one of the family.Val B.
A great institution that provides a much neglected but critical role in healthcare and beyond.Nola Hurley is an incredible face to the group and their team of attorneys are some of the most knowledgeable professionals who have thought through some life affairs that catches many off guard.
I plan to use their services for family and professional referrals.read moreread less Sosena Kebede 11/11/2024 I couldnt have had a more pleasant experience when trying to navigate a situation that I wasnt prepared for.Hurley Elder Care Law as a whole and the many people who assisted me were so kind, considerate and helpful every step of the process I was going through.I personally would like to thank Megan, Paul, Jennifer and especially Kiersten for helping me, keeping me on track and keeping me informed all the way through.
I am very grateful.Anyone is in need of a friendly and super law firm.I Highly recommended Hurley Elder Care Lawread moreread less Jim Anders 10/02/2024 I have had the privilege to work with Hurley Elder Care at a time in my life when I thought my world would crumble dealing with a difficult situation with my elderly parents.
I cannot say enough nice things about the staff (specifically Kaila and Nicole).These two kept me calm and answered all of my questions quickly.The dust has finally settled and I am beyond thankful for Mr.
Hurley and his above and beyond staff!! I HIGHLY recommend this law firm for your elderly needs!!read moreread less Marci Ray 9/27/2024 Highly recommend Hurley Law.Everyone was so helpful.Kelsie helped me through an extremely tough time with my Mom.
Kelsie, Andrew and all of the staff got back to me quickly and walked me though everything.Thank you so much!!!!read moreread less Tricia Woodward 8/15/2024 During my wife's illness and eventual passing.I can't express the professionalism and compassion I recieved from this law group.
They were and are friends who I'll never forget.read moreread less Richard Nicholson 8/15/2024 The staff is very friendly and professional! The office is in a great location.Everything was explained thoroughly.Great team of lawyers for your estate planningread moreread less denise bradley 8/07/2024 Wonderful law firm to work with.
Everyone is so helpful and friendly.They take time to answer questions and listen to your needs but are extremely efficient in delivering the documents required.Amazing experience all the way around!read moreread less David Dorsett 8/03/2024 Very knowledgeable and efficient! Smooth transaction handled professionally!read moreread less doris housley 7/17/2024 Caring professionals who have helped me feel much more secure about the future.read moreread less Jan Batson 7/16/2024 We were pleased with the methodical, thorough approach Hurley used to update or wills and handle details of our estate planning.
We highly recommend their services.read moreread less Don Barnett 5/17/2024 We had a great experience with Hurley Elder Law.They helped us put my parents wills, advanced directive and POA in order.They hold informative classes helping families to navigate all the new policies, laws and resources.
Highly recommend.read moreread less Lisa McIntyre 5/17/2024 I needed to redraft my will, health care directive and power of attorney after my divorce and estrangement from a child.Needless to say, it was an emotionally delicate process but Jennifer was incredibly sympathetic and really knows her stuff! Shes uber-professional but personable and the entire revision process took a matter of several weeks and was fairly priced.I love that the firm sends newsletters with articles that are of interest to those in the later stages of life and their loved ones who might be caring for them.
Nobody enjoys thinking about their eventual demise but it must be done if you want to make it easier for those left behind.Highly recommend!read moreread less Karen Stearns 4/10/2024 Working with Jennifer and her team at Hurley was a great experience.Communication is excellent and they were very professional and efficient throughout the entire process.
Highly recommend them!read moreread less Harris Wattles 3/08/2024 Wish I could give 10 stars.We left the meeting knowing we had received excellent advice.Advice was very clear and easy for my mother to understand.
We feel so lucky to have found Hurley Elder Care Law.read moreread less Tammy Davis 2/04/2024 I went to Hurley to get help for my wife.Everyone involved in the process has been informative, attentive, and compassionate.Hurley is definitely the place to go when you need help!read moreread less D Gooden 2/04/2024 I retained Hurley ECL in May of 2023 to work on behalf of my recently widowed mother.
I cannot offer high enough praise for this outstanding firm.Their team approach is a model of efficiency, and efficacy.The level of care they provide the client is unsurpassed in my experience.
We were blessed to have been referred to them.read moreread less Louis Mura 12/23/2023
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