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March 2019 Archives

Cryptocurrency and divorce

Illinois residents who have cryptocurrency assets and are planning to end their marriages should be prepared for the likelihood that the divorce process will be much longer and more difficult than usual. There are issues regarding cryptocurrency that can make it difficult to locate and value them.

Divorcing later in life can have a financial impact

The divorce rate for spouses between the ages of 25 and 39 has dropped by 21 percent over the past 25 years. However, for those 50 and older, their divorce rate has increased by 109 percent. This surge may have been caused by various factors, including greater financial freedom for women or couples generally growing apart over time. Greater access to health care after a divorce may also play a role in the rise of grey divorce in Illinois and throughout the U.S.

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