Gray Divorce and the Wealth Advisory Impact

A seismic transfer of wealth from men to women is underway due at least in part to a phenomenon known as gray divorce – that is divorce over the age of 50 between long time married couples. Initiated by women two-thirds of the time, this emotional transition comes at a time in life where financial mistakes cannot easily be rectified. Learn how to better serve clients experiencing this difficult life transition.

Learning Objectives:

1. Learn to develop stronger client relationships by understanding the unique psychology related to late-life divorce
2. Understand how to work effectively with attorneys and clients to develop sustainable settlement options
3. Learn to avoid the pitfalls of equitable distribution, including those related to closely held businesses, low-basis stock, and lump-sum distributions
4. Discuss ways to steer clients away from devastating long-term financial mistakes