The rate of “gray divorce,” or divorce after 50, has doubled in the last 20 years. Love later in life is wonderful. However, it is also financially complicated. People over 50 are entering new marriages with significant assets. For example, they have retirement funds, family homes, and adult children. For this reason, the “gray prenup” is becoming a non-negotiable. It is not about a lack of romance. Instead, it is about an abundance of responsibility.
