The Rise of the “Gray Divorce”

The Rise of the “Gray Divorce”

By May 4, 2018

The Rise of the “Gray Divorce”

What you need to know about the growing trend of divorce over 50 – the special issues, potential complications, and financial implications.

 

Would it surprise you to learn that the largest segment of the population getting divorced in the last decade or so are those over 50?  There are a number of reasons for the growing “Gray Divorce” trend including: the sheer population of the baby boomer generation; people getting married later and thus divorcing later; a higher rate of second, third, fourth marriages which are more likely to end in divorce; and people living longer and wanting to spend their golden years being happy rather than staying in a relationship that is no longer working.

As a result, there are some special issues that arise in a gray divorce, or are more prevalent than in a divorce between younger couples.  These issues have significant and lasting financial implications.

As you can see, there are many potential issues that arise in divorce, which may be slightly different or more complicated for a Gray Divorce.  MPI can help you navigate the issues and understand the options.  Please contact us if you have questions or would like us to review your case.

About MPI

MPI, a prestigious national consulting firm founded in 1939, specializes in business valuation, forensic accounting, litigation support and corporate advisory work. MPI provides fairness opinions, sell-side and buy-side advisory services through its investment banking affiliate MPI Securities, Inc. MPI conducts every project as if it is going to face the highest level of scrutiny, and its senior professionals have extensive experience presenting and defending work product in front of financial statement auditors, management teams, corporate boards and fiduciaries, the IRS, other government agencies, and in various courts.