Divorce Later in Life has Special Challenges- Follow These Suggestions

A little known fact: divorce for those 50 plus has doubled in the last 20 years. It's called the Greying of Divorce and it's the fastest growing demographic of divorce.

I've found over the last decade of specializing in working with these families, they do not understand the intricacies and challenges of divorce later in life, and make many uniformed choices which deeply and negatively impact their futures. Sadly, these choices are also often irreversible.

For example, negotiations frequently result in the man taking the retirement accounts and, in exchange, the woman will keep the marital home. Often she hasn't been counseled on the additional financial responsibilities she will now shoulder alone, which include annual repairs and maintenance, and the possibility of the capital gains tax burden.

To more fully understand these issues, and for tips on how to do it right, enjoy this article.


Let's Talk

Joan Rogliano

Wildflower Group, LLC

(303) 667-5485

4 West Dry Creek Circle, Suite 100

Littleton, Colorado 80120

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