In our last post, we began a discussion about the financial problems that often accompany grey divorce – that is, divorce among couples aged 50 and older. In a nutshell, divorcing later in life leaves you very little time to recoup the retirement savings that will be...
Divorce
Avoid financial pitfalls associated with grey divorce: Part I
While divorce rates have been steadily dropping for much of the U.S. adult population in recent decades, there is one notable exception. Divorce rates among couples aged 50 and older have been increasing significantly. This is often referred to as “grey divorce.”...
Low-profile divorce for high-profile singer
When a high-profile couple files for divorce, the press has a field day reporting on every aspect of the couple's relationship and the circumstances leading to the breakup. In the case of music legend George Clinton, few members of the press and the public were even...
Understanding the need for a prenuptial agreement
A prenuptial agreement may seem appropriate for only wealthy couples to many Texas residents, but having one in place is becoming increasingly common for even couples of average income when a wedding in the works. While it may seem like an unromantic gesture, having...
Grey divorce brings changes for retirement
A study from Bowling Green University's National Center for Family & Marriage Research revealed that more couples are divorcing later in life. As many Florida residents may already know, this can be attributed to longer life spans and a more liberal acceptance of...
Divorce and Social Security
When couples are in a dispute regarding property division, they may not be in agreement regarding real estate they own, money and liquid assets. However, many couples may not be aware that they may be entitled to future benefits, including a portion of retirement...
Florida men scammed in gay marriage scheme
How about a wedding where the bridge and groom didn't even have to show up for the ceremony to get hitched? Sounds too good to be true, and it was for a Florida man and his male partner. Iowa allows out-of-state gay couples to marry but there has to be an in-state...
