Category Archives: Divorce

Divorce is typically hard on everyone involved, and with about half of all American children now dealing with the divorce of their parents, it is becoming unreasoningly critical to understand the effects it can have on your own.

The end of a marriage can have a significant impact on a person's financial future. For this reason, an individual in Florida may place a great deal of importance on pursuing a fair distribution of assets and debts during property division. However, there may be additional factors that could prove detrimental if overlooked, such as the potential tax ramifications of dividing retirement accounts.

When facing divorce, one of the main sources of anxiety is worrying over how the assets will be divided. One of the ways to lessen this stress would be for both parties to come to an amicable agreement on the issue. Since this is sometimes impossible, each state has its own rules on how property is divided when the marriage is over.

Many Florida marriages end in divorce. In fact, research from the Census Bureau found that Florida had the seventh highest rate of divorce in the United States in 2015. Divorce is difficult to go through, but people should make things easier on themselves by not posting all their dirty laundry on Facebook and other social media platforms.

When couples go through a divorce, there is often a lot of emotion to deal with. That can make it difficult for the two parties to consider every aspect of their property division, and where everything will fall once the dust settles.

For some people in Florida, the decision to divorce can bring about feelings of relief and happiness. For others, it can intensify their feelings of hurt and abandonment. People who are involved in high-asset divorces should not let their feelings get the best of them during this time in their lives.

Many people hold to misunderstandings about a prenuptial agreement. Some see it as bad luck or an omen that the marriage will not last, while others think that such a document is only for high-net-worth couples. A prenup is actually agreed upon by both parties to decide how the couple's assets would be divided in the event of a divorce.

Dividing property in a divorce is a common source of conflict. There are many assets you have to consider, and one you do not want to forget about is your retirement plan. Your soon to be ex-spouse may have a right to claim some of your retirement benefits in the future.

You may not think twice before sharing your life with the world on a normal day, but doing so can have serious ramifications if you are also going through a divorce. You have to consider how your use of social media may impact your proceedings.

When it comes to dividing marital wealth, the old adage certainly applies. It is impossible to be over prepared, and an ounce of prevention truly is worth a pound of cure. Property division requires a careful and thorough approach, especially in light of the fact that the outcome will have a lasting impact on the financial security of both Florida spouses for many years to come.