A gray divorce is one that involves couples over the age of 50. Although some gray divorces are short-term, the majority involve couples who have been married for many years. There are issues unique to this type of divorce that are not faced by younger couples. For example: There are no minor children, so custody and support are not issues.Often, one spouse has been out of the workforce for many years, so spousal support is more of an issue.They have a retirement plan that must be divided.The spouses have accumulated more assets than younger couples, so property division is the … [Read more...]