‘Gray divorces’ putting estate planning to the test

PLANNING AHEAD: Steven Wright, an attorney specializing in family law and a partner at D’Allesandro & Wright in Providence, whose clients include older couples seeking divorces, speaks with Denise Card, a paralegal and office manager. Wright says age can bring a sense of purpose that defuses confusion or quarrels when it comes to estate planning during a divorce. / PBN PHOTO/MICHAEL SALERNO
PLANNING AHEAD: Steven Wright, an attorney specializing in family law and a partner at D’Allesandro & Wright in Providence, whose clients include older couples seeking divorces, speaks with Denise Card, a paralegal and office manager. Wright says age can bring a sense of purpose that defuses confusion or quarrels when it comes to estate planning during a divorce. / PBN PHOTO/MICHAEL SALERNO
Insurance policies, wills, trusts and assets combine to make estate planning a multilayered process. Add a divorce after decades of marriage, and the complications multiply, say Rhode Island estate planners. Newly blended families and divided finances can turn a single-family estate plan into a virtual apartment building. The one consistency, experts say, is that the…

Subscriber Only

Subscribe with Providence Business News to keep reading.

Get unlimited access now for $1 for 4 weeks

Subscribe now for $1
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -