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Splitting the assets in a defined benefit plan also results in loss of wealth for a spouse who would have received more money had the marriage stayed intact until the earner’s retirement,. (Photo: Fotolia)

Divorce is a messy, costly business—and it can damage both spouses financially for far longer than the immediate period surrounding their split from one another.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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