NYACP presents a Three-Part Financial Series!

Session 1: Unique Challenges for Late Life Divorce
Friday, May 14, 2021
12:00PM-1:00PM

Presented by Lili Vasileff, CFP®, MAFF™, CDFA®, RIA

Moderator: Melissa Goodstein, Esq.

REGISTER HERE

Upon completing the registration form, you will receive the Zoom log-in information for the meeting in a confirmation email.

In a remarkable contrast to other age cohorts whose divorce rates are decreasing, the divorce rate among older Americans is actually increasing.  Having an understanding of two important economic concerns for divorcing couples in the 50-and-over demographic, known as “Silver or Late Life Divorce,” will help us as divorce professionals better advise clients:

Accumulated Wealth. By age 50 (and even more so by age 65), many people have accumulated some wealth, primarily a home and retirement savings (e.g., 401(k) accounts, IRAs, pensions, or deferred compensation). Therefore, in Late Life Divorce, the division of these assets often has greater significance than in the divorces of younger couples.

Retirement Income. By age 50 (and even more so by age 65), people are approaching their peak earnings as they approach retirement. Therefore, in Silver Divorce, retirement income often has greater significance than in the divorces of younger couples.

This presentation will address:

1. Trends in late-life divorce
2. Landmines in late-life divorce
3. Valuing businesses during the pandemic
4. Equity compensation: property division and income available for support

50 minutes with 10 minutes Q&A
1 CLE Credit and 1 CFP Credits are available for this program.

This program will be recorded and available on the NYACP Member Only area on the website.

Lili is
• the President of her private boutique practice: Wealth Protection Management based in Greenwich CT (CFP, Certified Divorce Financial Analyst, Mediator, Registered Investment Advisor)

• she is a pioneer and founder of the divorce financial planning industry with nearly 30 years experience and a nationally recognized divorce financial expert

• was a founding member and is President Emeritus of the national Association of Divorce Financial Planners

• she is the author of 4 books on divorce; one by invitation from the American Bar Association titled: Money & Divorce (their first & only book on money and divorce)

• a collaborative trainer for NYACP and guest presenter numerous times at NYC Bar Association,

• is the founder and president of Allie’s Dream, a day service program for young developmentally disabled adults and the arts