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Financial aspects to consider when divorcing as a senior woman

Are you a senior woman considering a divorce? You are not alone. The rate of divorce among seniors has increased significantly over the decades, rising from 2.8 percent to 15 percent, reports the L.A. Times. This growing trend of “gray divorce” has many causes, from staying together for the kids to the relationship suffering from continual wear and tear. Regardless of your reason for wanting to move on, one thing remains the same: you need to be aware of the considerations unique to a gray divorce because there are more financial consequences at this age.

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