Divorcing at age 50 or more? You’re not alone. It turns out that more than 1 in 4 divorcing coupes were over 50 in 2011. And the numbers are expected to increase. Additional expected costs such as health care, caring for aging parents, college costs and increasingly more limited opportunities for work contribute to the stress of divorcing later in life. However, those over 50 have an even greater opportunity to execute financial strategies that may preserve tax benefits and protect assets. Financial planning and education can provide the confidence needed to thrive post-divorce.
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