If you are getting divorced and are over the age of 50, then you are not alone. Late-life divorces are actually on the rise in the country and in Illinois. According to The Fiscal Times, a divorce later in life can bring some major concerns about retirement because it...
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Divorce After 50
Why are late-life divorces becoming more common?
With the divorce rate in the U.S. slowly continuing to climb, analysts are examining the situations that lead to divorce and the demographics of the couples that are divorcing. What has been discovered is that more people that have been in long-term marriages are...
What are divorced Social Security benefits?
Getting divorced may pose many unique questions and situations for Illinois residents to deal with. During a divorce, an emphasis is commonly placed on things like how to split current assets or who will get custody of the children. Other issues are not as in the...
So-called ‘gray divorce’ is on the rise
While the divorce rate in Illinois and across the country has either stabilized or even decreased for nearly every age group since 1990, it has doubled for people older than 50. According to a report in The Washington Post, the rate of divorce has more than doubled...