Gray divorce is a fairly new phenomenon in America, namely due to the rise of the baby boomer generation. Prior to the 90s, divorce remained uncommon for the older generation, but the rate doubled by 2010. Present day statistics show 36% of US divorces are among older adults.
How do you fairly divide possessions and financial accounts acquired over decades of marriage? Not without a lawyer. Even in the event of an amicable divorce, you don’t want to be left empty-handed after years of commitment.