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The divorce of Bill and Melinda Gates made headlines recently, not only because of the size of the marital estate, but also because they were married so long. Many people were astounded that after 27 years of marriage, a couple, such as the Gates, who seemingly had it all, would divorce. What is even more surprising is that it is becoming increasingly common for people to divorce after many years of being married, raising children, and readying themselves for their golden years.

This situation even has a name—it is known as a “gray divorce.” Couples who divorce after a long-term marriage, typically when they are over the age of 50, fall into the category of a “gray divorce.” For many, after their children have grown and moved from the family home, the couple is left behind to re-evaluate their relationship and, particularly, with whom they wish to spend the rest of their lives.

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