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How Financial Infidelity Can Affect Your Gray Divorce

How Financial Infidelity Can Affect Your Gray Divorce

How to protect yourself, your adult children, and your grandchildren.

KEY POINTS

  • Financial infidelity is about deception in marriage.
  • Financial infidelity in gray divorce presents difficult challenges such as economic damage, emotional upheaval, and financial insecurity.
  • Crucial steps to prevent financial infidelity include monitoring joint accounts closely and getting historical copies of monthly statements.

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Alimony Can Be the Most Shocking Point in Gray Divorce

Gray divorce refers to couples 50 and older. I recently spoke with Lili Vasileff, a Certified Divorce Financial Analyst, mediator, and litigation divorce financial expert, to provide information about important financial topics to gray divorce couples and their adult children.

KEY POINTS

  • Many gray divorce couples are shocked when they learn about the laws in their states governing alimony.
  • Social security benefits… Read More

Can the Gray Divorce Be a Perfect Financial Storm? Number 1 in the series on Gray Divorce

Gray divorce refers to couples aged 50 and older. Divorces include legal, emotional, and financial issues. To provide information about important financial topics to gray divorce couples and their adult children, I recently spoke to Lili Vasileff, a certified divorce financial analyst, mediator, and litigation divorce financial expert, practitioner, writer, and author of books on divorce, including Money & Divorce: The Essential… Read More

Over 10 years 43 percent of first marriages can fail – postnups

KEY POINTS

  • Whether or not a couple has signed a prenuptial agreement, they may find later in their marriage that a post-nup is called for.
  • Here’s a look at just what exactly a postnuptial is, and when it might be appropriate.
  • “Preparing these agreements opens an avenue of communication,” said Crystal Cox, senior vice president of Wealthspire in Madison, Wisconsin.

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