Virtually everyone has heard other people lamenting about what assets or belongings they lost to their former spouse as part of their divorce settlement. As so much attention is given to the division of assets in a divorce, it seems that many people forget or never...
Divorce
Division of bank accounts during a divorce
When people divorce, the division of property and assets is usually a key concern. Both parties want to ensure they receive their fair share after separating and may have savings accounts that they believe need to be their sole property. States have different laws...
What are tips for an amicable divorce?
Couples in Florida who decide to get divorced likely are not aiming for a hostile divorce. Unfortunately, this sometimes happens despite one's best efforts. Today we will discuss some of the tips that you can use to keep your divorce amicable rather than hostile. The...
Don’t divide assets based on emotional value
Most personal property has an emotional value attached to it, and normally, there is no problem with that. However, in a Florida divorce, a spouse who cares too much about an item may be taken advantage of during the property division phase. Rather than randomly...
Keeping a business safe during a divorce
A business owner in Florida who goes through a divorce might have to give an ex-spouse partial control of the enterprise. A divorce could even lead to the loss of the company. However, there are steps a person can take to reduce the likelihood that his or her business...
How the super-rich split their fortunes after divorce
When Amazon founder Jeff Bezos announced that he was divorcing his wife of 25 years, the news appeared in many media outlets. Many Florida residents may be wondering what will happen to Bezos' massive fortune. Once the divorce is through, he may no longer be...
Finances and divorce
Issues related to finances can be some of the main contributors to the failure of a marriage. However, married Florida couples can take certain steps to make sure that the handling of financial issues will not lead to the demise of their marriage. According to one...
Dividing retirement assets in a ‘gray divorce’
Saving for the transition to retirement can always be a challenging project, but it can be especially concerning when going through a divorce later in life. More Floridians than ever are choosing to divorce at older ages. In the past two decades, the divorce rate for...
The role of wealth in divorce
Some Florida couples experience trouble in their relationship over money. SunTrust Bank conducted a survey in which 35 percent of people said that money was the main reason for conflict in their relationship. The Federal Reserve Board reports a correlation between...
The necessity of prenups
Florida residents who are planning to get married and have children should consider completing a prenuptial agreement before getting married, particularly if one spouse plans to remain at home to raise the children. If a divorce occurs, it can be very difficult for...