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THE M WORD: The Money Talk every Family Needs to have about Wealth and their Financial Future by Lori Sackler

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4Remarriage and Merging Families

Having Money Talks when Divorcing and/or Getting Married Again

A divorce is like an amputation: you survive it, but there’s less of you.—Margaret Atwood

The statistics are well known, but still sobering. Nearly half of all marriages in the United States ended in divorce in 2009, according to “Number, Timing and Duration of Marriages and Divorces: 2009,” from the Census Bureau’s 2011 Current Population Reports. Less well known, and even more striking, is new research by Bowling Green State University sociologists Susan Brown and I-Fen Lin. In a paper titled “The Gray Divorce Revolution,” they reported that the divorce rate of those 50 years old and older has doubled over the past 20 years. In 1990, one in ten divorces ...

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