Protecting Your Tomorrow
For many, divorce is challenging. It’s emotional and can get messy. While true, you can’t let this make you lose sight of your financial situation. Proper financial planning during this period ensures stability and security for both parties involved. Here are some...
If you didn’t seriously believe that divorce was in your future until recently, you may not have paid much attention to the attempts (and failures) by Florida lawmakers to change the state’s options for alimony over the years. Specifically, many wanted to end...
During divorce, assets classified as marital property, which typically include those acquired during the marriage are subject to equitable distribution between both spouses. In an equitable distribution state like Florida, such assets are not necessarily divided...
Last year, Florida took a step forward in making it easier for unwed fathers to secure and assert their parenting rights. The state legislature passed and the governor signed into law what’s known as “The Good Dad Act.” Under the new law, when a man legally...
Spouses who own a business together have likely put in a lot of time and effort into growing and maintaining their company. Because of their emotional and financial ties to the business, they may decide to continue to operate it together, even during a divorce and...
Divorce rates tend to follow certain trends. For one thing, they usually go up in January, as many couples use the new year as a time to file for divorce. The rates then decline in the summer, before spiking again in the fall. Naturally, you can get divorced any month...
Child support is a crucial financial arrangement that helps to ensure that a child's needs are met after a parental split. What happens if your financial situation changes? Specifically, if you start earning more money, will your ex be able to stop paying child...
During a divorce, the court may order alimony, also known as spousal support or maintenance, to be paid by one spouse to the other. Spouses may also decide to include spousal support expectations to a negotiated divorce agreement. The traditional purpose of alimony is...
Your child may be affected by your divorce in different ways. They may believe they are to blame for it, their academic performance may drop, they may avoid friends and so on. That's why it's vital to do your best to protect them from such potential effects. Here is...
When a couple goes through a divorce, their division of retirement accounts often becomes a focal point due to their substantial value and long-term impact on each party's financial security. Florida's laws and the nature of the retirement accounts in question play a...