Divorcing over 50? Special considerations

I came across a good article in SmartMoney.com, which highlights three mistakes to avoid when divorcing over the age of 50.

The theme that runs through the article is: “older” divorcing couples often have different issues to consider than a “younger” divorcing couple. This is due to their accumulation of assets, the children of the marriage being older (or maybe even adults) and a rapidly approaching retirement age.

Three areas to focus on:

1) Valuing retirement accounts and the tax implications of these accounts;

2) The benefits of social security in alimony negotiations;

3) Estate and education planning for your children.

The article appears here: http://www.smartmoney.com/personal-finance/marriage-divorce/divorce-over-50-mistakes-to-avoid-1300832383830/

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