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Gray divorce: 10 financial and tax issues you must know after 50

  • Managing finances becomes crucial during a gray divorce due to emotional strain.
  • A divorce requires funding two households with the income that previously supported one.
  • Budgeting involves understanding fixed costs like rent and variable expenses like travel.
  • Individuals married at least 10 years may claim Social Security benefits from an ex-spouse.
  • Hiring an attorney and understanding financial issues are essential first steps.
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Gray divorce: 10 financial and tax issues you must know after 50

Beyond the emotional strain of a “gray divorce,” managing your finances is critical. The first step is hiring an experienced divorce attorney.

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Capsule NZ broke the news in on Monday, April 7, 2025.
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