Throughout Florida and the rest of the country, a lot of couples have considerable debt. This may include credit cards, car loans, mortgages and student loans. If a couple decides to divorce, this debt will need to be divided along with any marital assets. Therefore, it's important to divide everything properly to avoid being held responsible for an ex-spouse's debt.
Tips for separating finances in a divorce
One task that people in Florida who are getting a divorce must take on is separating their credit. This helps protect each of them and also allows each person to begin building an individual credit record.
Collaborative divorce offers less pain for many couples
Can you imagine ending marriage not with recrimination and anger, but with hugs and an apology?
How to decide whether to stay together for the children
Florida parents who are considering divorce might wonder if it would better to postpone separation for their children's sake. There are advantages and disadvantages to this. While divorce can have a very real effect on children, including how likely it is that they will divorce later in life, divorce may be less stressful for them.
Some common reasons for divorce
The Centers for Disease Control and Prevention report that more than 20 percent of marriages end in separation, death or divorce after 5 years, and after 20 years, this is true of more than half of all marriages. There are a number of reasons that couples in Florida might be considering divorce.
