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 marriage being older (or maybe even adults) and a rapidly approaching retirement age.
Three areas to focus on:
1) Valuing retirement accounts and the tax implications of these accounts;
2) The benefits of social security in alimony negotiations;
3) Estate and education planning for your children.
The article appears here: http://www.smartmoney.com/personal-finance/marriage-divorce/divorce-over-50-mistakes-to-avoid-1300832383830/