You are contemplating divorce. Let’s say you have been married 7, 8 or 9 years. Historically, your earnings are substantially lower than your spouse’s. Before you file for divorce, you should be aware of the “10 year rule” relating to Social Security retirement and disability benefits. You may be wise to wait to file that…
I came across a good article in SmartMoney.com, which highlights three mistakes to avoid when divorcing over the age of 50. The theme that runs through the article is: “older” divorcing couples often have different issues to consider than a “younger” divorcing couple. This is due to their accumulation of assets, the children of the…