Most people already know that unless they have a prenuptial agreement in place, divorce means their assets will get split with their spouse. The same is true of debts acquired during the marriage. Florida is an equitable distribution state, which means that all...
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High Asset Divorce
Older people are cohabitating more. How can you protect yourself?
According to the Pew Research Center, the number of people over the age of 50 who live with their partner, to whom they are not married to, is skyrocketing. The rate of "gray cohabitation" grew by an astounding 75 percent between 2007 and 2016. That's a rise from 2.3...
Gallup: Divorce rate down, yet more Americans find it morally OK
According to the Gallup organization, adults in the U.S. have come to see both marriage and divorce differently than they had in the past. The group concludes that most demographic groups in America no longer see marriage and divorce in moral terms, but rather as...
Moving on after a gray divorce
Divorcing after 50 may seem like a terrifying prospect. However, you may be better equipped to handle a divorce versus women that are in their twenties or thirties. You have had time to establish yourself financially. In addition, you may also be able to handle the...
Consider mediation to turn your contested divorce to uncontested
If you're getting a divorce, you may want to consider mediation to help you resolve the distribution of property, support and parenting issues. Mediation has many advantages, including the low cost, flexibility and confidentiality, among others. Yet you may wonder if...
Debt/credit issues important to consider when merging, or separating, finances
Among the things a marriage typically involves is a couple merging their finances. It is important for a couple to handle such an endeavor with great care. There are many issues that can be crucial for a newly married couple to carefully consider before deciding how...
How to determine if your spouse is hiding assets during divorce
Going through a divorce can become a protracted and frustrating process. It is difficult putting an official end to one of your most important relationships. If your former spouse is refusing to cooperate, that can make divorcing so much harder than it needs to be. If...
Property division issues for stay-at-home parents
Stay-at-home parents can have some unique concerns when they are divorcing their spouse. These include special issues/concerns related to property division. Here in Florida, property in a divorce is divided through equitable division. It is important to note that...
When one’s spouse is uncooperative regarding financial info in a divorce
With all of the emotions and issues involved in a divorce, things have the potential to turn contentious. For example, a person could encounter uncooperativeness from their estranged spouse. One area in which a spouse could become uncooperative is in sharing financial...
Why retirement is an important thing to think about in a divorce
Divorce is a major transition in a person's life. When getting divorced, it can be important to give some thought to another big life transition, one's future retirement. Specifically, it can be important to pay close attention to issues regarding retirement savings...