There may be a lot of squabbling and fighting among couples who are heading for divorce. But, when it comes to divorce and property division in Florida, does anyone ever really win? It doesn't matter what a couple's net worth may be -- one partner will always believe the other made out like a bandit while he or she got a raw deal.
Author Archives: Carolyn Ward
High-net worth couples in Florida and divorce regret
Regret can be a big player in a marital split. Making the decision to divorce is never an easy one as it affects not only the couple, but their children and even extended family members and friends. High-net worth couples in Florida may find it even harder to make decisions regarding ending their marriages since so much is on the line financially.
Estate planning: Are ‘I love you’ wills still used in Florida?
What are referred to as 'I love you' wills are pretty outdated for the 21st century, yet many couples still have them. Florida residents who want their estate planning to be all-encompassing and up to date might want to look into bringing their wills into the modern age.
Setting up a special needs trust for your disabled child
If you have a special needs child, your Florida life is filled with both challenges and joy. Naturally you want him or her to lead the best possible life, and you do everything you can to make sure (s)he does. You also likely worry about who will provide him or her with the care (s)he needs should (s)he outlive you.
Why joint custody may be your best option
If you are like most Florida parents, your kids are the most important people in your life. The last thing you want is to become the stereotypical weekend Disney World parent after your divorce. Your spouse likely feels exactly the same way.
Having a family conversation about a health care directive
People don't like to think of a future in which they're incapacitated and unable to make decisions for themselves. But life has a way of throwing some powerful curve balls and it might be best for Florida residents to think about putting a health care directive in place should the unforeseen happen.
Parental responsibility: Kids and divorce myths
No one wants pity, not even children. It is then the parental responsibility of Florida parents who are divorcing to show their children that divorce does not mean the end of their family, but a shift in how the family will function. There are still some hush-hush aspects to divorce in society, especially when children are involved.
Florida’s power of attorney rules
There are certain rules that go along with estate planning. One of those has to do with creating a power of attorney in Florida. In order for the document to have any legitimate weight, the principal -- or the one making the power of attorney -- has to sign the document in front of two witnesses and a notary public, which could be one of the witnesses as well.
Relocation of children after a divorce in Florida
When a parent who has custody of a child after divorce decides to relocate, it could be tough on everyone. Children are creatures of habit and as such, don't take highly to change, so relocation for them may be particularly unsettling whatever the reasons may be for the move.
Top financial mistakes to avoid when divorcing
There are numerous financial considerations to make for any divorce. For couples planning to divorce in 2018, it may work in their best interest to finalize the separation before the end of 2018 due to a provision in the Tax Cuts and Jobs Act, which prevents a person paying alimony from deducting those payments from his or her taxes.