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December 2018 Archives

Will you have to pay manimony when you divorce?

As a well-paid married female Florida business professional, you may discover that your high earning capacity leaves you open to the possibility of paying manimony should you and your husband divorce. What is manimony? As reported by Wife.org, that is the nickname given to the relatively new phenomenon of court-awarded spousal support payments made by an ex-wife to her ex-husband.

Why do divorce rates increase with subsequent marriages?

If your first marriage was not successful, will your second marriage stand a better chance? How about your third marriage? Some people believe that the first marriage is simply a ‘trial run’, and that the mistakes learned during the first marriage will help prevent the second marriage from failing. Statistics show the trend differently, however, as the number of couples filing for divorce increase in second and third marriages. The numbers show that while over half of all first marriages end in divorce, 67 percent of second marriages and 73 percent of third marriages are doomed for failure. What accounts for this increased divorce rate?

Is joint-custody beneficial for kids?

Filing for divorce is often an overwhelming and emotional process, especially when there are children involved. In some cases, the judge presiding over the case will grant sole-physical custody to the parent who provided the most care for the child during the marriage. Yet, studies show that a joint-parent situation may be more beneficial to children as they grow and develop. The study published in the Journal of Family Psychology shows that children who grow up with divorced parents fair better when they spend a significant amount of time with both their mother and father.

Is it time to put a forensic accountant on your legal team?

If you are half of a high-asset Florida couple contemplating divorce, it may have occurred to you that your spouse could be attempting to hide marital assets from you. Unfortunately, many greedy or vindictive spouses do this to enhance their own post-divorce financial position.