Divorcing After 50: Important Financial Considerations
A divorce can occur at any point within a marriage. This is true even for couples who have been to together for several decades. If you're over the age of 50 and are approaching this change, knowing some of the obstacles ahead, particularly when it comes to finances, is critical to your journey forward. Shared Debt By the time you reach this milestone in life, it's highly likely that you and your partner have amassed some level of shared debt.