Divorce after age 65 comes with many considerations. You need to be prepared to lose your family home and likely downsize. If you are thinking about divorcing, avoid purchasing liquid assets that can lose you money in a settlement. Be aware of your retirement money and how it could be split up. You might want to create a postnuptial agreement that can detail the financials that you both can understand. You might require a certified divorce accountant to help you achieve a fair split for both parties involved.
Read more: Over 65? How to know if you can afford a ‘gray divorce’ – WTOP