Retirement benefits from the Social Security Administration are calculated based on the number of years a person worked during his or her lifetime. The longer that a person worked, the greater number of benefits that person will receive. For many people, older women especially, their spouse may have worked much longer and be entitled to…
For older couples, or those who have been married for a long time, pensions and retirement accounts are extremely important assets for the future. In Washington, money earned in these accounts during a marriage become the community property of the couple, which is subject to being split up in a divorce. Not all accounts will…
Serving in the military is an honorable profession. Those who spend time in the armed forces are provided with several types of benefits, some of which can make a military divorce more complicated than a civilian divorce. If you or your spouse are a service-member, whether active duty or retired, be aware that certain state…
Divorce rates for people over the age of 50 have skyrocketed in the past 30 years. For the first time in history, older adults are more likely to be divorced than they are to be widowed, and the divorce rate is expected to continue climbing as the Baby Boomer generation ages. Dubbed “gray divorces,” the…