Any marriage can have problems that can lead to divorce if the spouses cannot fix them. Even being married for 30 years or longer does not guarantee you won't end up getting divorced. So-called "gray divorce" is becoming increasingly common in the U.S., and the St....
Gray Divorce
Financial concerns during gray divorce
Life often takes unexpected turns, and men and women just like you sometimes realize that even a decades long marriage is no longer sustainable. This can be a scary realization, especially if you are uncertain about your finances. However, a gray divorce might be more...
Money and its role in gray divorce
More and more adults who are over the age of 50 are deciding that it is time to call it quits on their marriages. But while ending an unhappy relationship can be incredibly rewarding, there are also certain financial pitfalls for which people should watch out. This is...
Why couples pursue grey divorce
There are so many different reasons to file for divorce, and no two couples will approach the process for exactly the same reasons. However, there are some common factors that many couples in Minnesota cite when ending their marriages. This is especially true when it...
Alimony is often a central focus of gray divorce
After years of spending your life with the same person day in and day out, deciding to sever the relationship can prompt a wave of mixed emotion. Divorce is never easy, and it can be especially challenging for you if you decide to file a petition when you are age 55...
Gray divorce describes your age, not your hair color
When you think back on the day of your wedding, does it feel like yesterday or as though it occurred a lifetime ago? If you're one of many Minnesota residents who have encountered serious problems in your marriage, the latter likely better describes how you feel. A...
Later-in-life divorces can have specific financial concerns
More and more people in Minnesota and across the country choose to get divorced at later ages. While the divorce rate for all ages and demographics has remained flat or even declined, the rate among Americans over the age of 50 has doubled in the past two decades....
Past mistakes lead women to get educated about personal finance
Despite advances toward equality that women have made in the past century, more than half still leave financial decisions up to their husbands. Unfortunately, many Minnesota wives find out too late that not being involved in family finances is a big mistake. Women who...