The Rise of “Gray” Divorce Forces Financial Reckoning After Divorce

Too many women have let husbands make the long-term financial decisions, leaving them vulnerable when separation or death strikes.

For some, it means liberation. For others, loss. For women in particular, the doubling of the divorce rate for the 50-plus crowd since the 1990s can mean something far more prosaic: a need to shoulder the big financial decisions they’d let their spouses deal with when they were married.  Often, they find some nasty surprises after he’s gone.

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