The American Association of Retired Persons coined the term “gray divorce” in 2004 when it published a study about divorce at midlife and beyond. In 2012, researchers at Bowling Green State University named this phenomenon the “gray divorce revolution.” Their study found the divorce rate for the U.S. population over 50 doubled in those two decades and more than doubled for those over 65. Since … [Read more...] about What Is Gray Divorce? Couples Over 50 Are Divorcing in Record Numbers
Gray Divorce
Navigating Financial Issues in a Gray Divorce
A gray divorce is a euphemism for people getting divorced who are over the age of 50. The issues that need to be resolved are different in a gray divorce than in divorces between younger couples. Since there are generally no minor children, the main issue the couple faces is division of assets. Too often, one party may try to hide assets from the other. Financial Issues Facing Those … [Read more...] about Navigating Financial Issues in a Gray Divorce