The Gray Area in Gray Divorce
by Grant Rawdin, J.D., CFP®, Founder and CEO, Wescott Financial Advisory Group LLC
Mar 06, 2020
3 minutes
An emerging pattern in American family life is gray divorce, defined as divorce among partners over the age of 50. In fact, the divorce rate among those 50 and older has doubled since 1990, according to Pew research.
Divorce is a process that, understandably, elicits powerful emotions -- and oftentimes most of the energy and effort during a divorce is spent managing those emotions. However, there are other pragmatic concerns for those getting a divorce, specifically as it pertains to personal and family finances. And now, with recent changes brought forth by the 2017 Tax Cuts and Job
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