Tierra Verde is actually a series of islands located on the far southern tip of Pinellas County close to the world renowned beach at Ft. De Soto Park. Ft. De Soto Park was built just before the Civil War and was maintained as a Union Troop stronghold during the War. The military post at Ft. De Soto remained active until 1910 and it is alleged to be haunted. Visitors at night report hearing voices and footsteps in the old powder room of the fort.
Tierra Verde grew up in the early 1960’s with its first real estate boom and it has boomed over since. While Tierra Verde is a small city of just over 3500, the city boast some of the most expensive real estate in Pinellas County.
If you live in the area of Tierra Verde you have reached a certain level of financial success. You live in a beautiful home and have acquired significant assets during your marriage.
The Rise of the “Gray Divorce”
One common issue that many of those residing in Tierra Verde is facing “gray divorces”. The term, coined by two sociologists at Bowling Green State University, refers to the growing number of individuals who are divorcing at the age of 50 or older. In fact, the divorce rate among those over the age of 50 has more than doubled since 1990.
In 1990, 1 in 10 divorcing persons were older than 50
In 2011, 1 in 4 divorcing persons were older than 50
In 2011, close to 1 in 10 divorcing persons is 65 or older
55% of all “gray divorces” are couples in their first marriages and who have been married for more than 20 years
Complications of Late Life Divorce
Older individuals can and do divorce for the same reason as younger couples, whether that be due to financial pressures, infidelity, or life regrets. But later-in-life divorces can have a far more substantial impact on both parties for a variety of reasons, particularly because there is less time for these couples to financially recover. When older couples divorce, there are more likely to be high value assets at stake as well, making matters more complicated.
Your Property: Ideally, you would be the one to keep the family home, especially as older individuals could be eligible for real estate property waivers and exemptions (including reverse mortgages)
Your Social Security: While not divisible due to divorce, depending on your age, certain benefits can be gained by either spouse. Should you have been married for longer than 10 years and are above the age of 62, for example, you can continue to collect retirement benefits from your former spouse’s Social Security record without even reducing their benefits
Your Retirement: This diverse area is often incredibly complex and requires an experienced lawyer to prepare the paperwork
Experienced divorce attorney Gary E. Williams has the knowledge and professionalism necessary to ensure that you are protected in your divorce. Whether you’re 22, 62, or older and are facing a divorce, we invite your call to discuss you particular circumstance toll free at (727) 531-8737.
Directions to Our Clearwater Family Law Attorneys from Tierra Verde, FL
These directions are from Google Maps starting from:
Tierra Verde, FL 33715
Total Est. Time: 39 mins
Total Est. Distance: 26.1 mi
- Head southeast on 3rd St W toward 2nd Ave N
- Turn left onto Madonna Blvd
- Turn left onto Pinellas Bayway S
- Turn right onto 54th Ave S/Pinellas Bayway
- Merge onto I-275 N via the ramp to Tampa
- Merge onto I-275 N
- Take exit 26B to merge onto 54th Ave N toward Westbound
- Merge onto 54th Ave N
- Turn right onto Haines Rd N
- Turn right onto US-19 N/34th St N
- Take the exit toward Sunset Point Dr
- Merge onto Frontage Rd
- Turn right onto McCormick Dr
- Destination will be on the right
We are located at:
2629 McCormick Drive #Suite 101
Clearwater, FL 33759