According to the Pew Research Center, the divorce rate has more than doubled for people over 50 since the 1990s. According to the AARP’s article entitled “Getting Divorced? It’s Time to Update Your Caregiving Plan.” A divorce can be financially draining. Moreover, later-in-life divorces frequently impact women’s finances more than men’s. That is because in addition … Continue reading Does ‘Gray Divorce’ Fit into Estate Planning?
Tag: Life Insurance
What If Your Spouse Refuses Estate Planning?
Blended families are quite common in the U.S. A married couple may have a small child—but one spouse may also have children from a first marriage. The spouse may be concerned about assets and protecting those older children in estate planning. A spouse on a second or third marriage may insist on a prenup with … Continue reading What If Your Spouse Refuses Estate Planning?