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What is a gray divorce?

Divorce can be hard on a family, no matter what other circumstances surround a divorce. This can be true no matter what age the couple is who is divorcing.

Gray divorces are growing in popularity. Understanding why and what that entails can be important.

What is a gray divorce?

A gray divorce is a divorce that occurs between a couple where both members are 50 years old or older. Increasingly, more older couples are parting ways. There can be many reasons for this. Sometimes this occurs because the couple wanted to stay together while their children were young, but have no interest in staying together once their children have moved out. Beyond that, the way that many view divorce is has changed. There is less of a stigma, so many couples that might not have parted ways in the past are now seeking other options.

How a gray divorce can impact you

Gray divorce can impact both of the people in the couple who are divorcing. One main difference between a standard divorce and a gray divorce is that it can be much harder on both members financially. This is due to the fact that they will have less time to recoup any losses that they experience during the divorce.

Going through a divorce can be hard, no matter what stage you are at in life. Knowing how divorce can impact you can help you to understand what is ahead, and allow you to make choices that will work for you and your family in the long term.

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