Divorce is a time of upheaval, even though it can also be the best solution for you and your soon-to-be-ex. One of the many ways that divorce can affect your life is in a financial manner. There will be costs associated with your divorce and there will be a new financial reality you will have to face as an individual when your spouse is no longer with you. So what considerations does the law make for this scenario?
5 reasons to address your estate in your 40s
Your 40s aren't a bad time in your life. You're still young, you have a strong job and a good family. Life is pretty great, and that's why you need to start thinking about the future. Planning for your future now means there's less to worry about later.
Equitable distribution does not mean 'equal' distribution
The term "equitable distribution" brings to mind the idea of a fair or even division of assets. Equitable distribution is the way the state of Florida -- and most other states -- deals with property division during divorce. A handful of other states follow community property laws.
