Did you know that three in ten adults with shared finances have hidden assets or purchases from their partner? According to several studies, approximately 7.2 million Americans have hidden a bank or credit card account from their live-in spouse or partner. So when it comes to divorce , there may be a discrepancy during the financial disclosure part of the proceeding. There are many cases where a ...
“Gray divorce” is defined as divorce among older couples, typically over 50 years of age and have been married for several decades. It is a relatively recent trend caused by various factors, such as the increase life expectancy, a growth in financial independence among older women, and the changing cultural norms. There are many unique issues which couples involved in gray divorces must address. ...