family law Archives

Surprising financial changes that come with divorce

When people in Florida decide to divorce, the end of a marriage can often be accompanied by a number of financial changes and surprises. Because of the extreme financial changes during this period, many divorcing spouses gain a far deeper understanding of financial difficulties and may make changes to their plans for the future. One study surveyed 1,785 divorcing or divorced women and found that nearly half experienced financial surprises during their divorces, with younger women even more likely than older participants to be shocked by marital finances.

How divorce may affect retirement preparation

Some people in Florida who get a divorce may suffer financially, and it could extend into retirement. Furthermore, with divorce among older people on the rise, it is increasingly likely that more people may struggle during retirement with less time to recover financially. The Center for Retirement Research at Boston College found that households that have been through a divorce are 7 percent more likely to have to lower their standard of living.

Gaming the child support system

The gig economy in Florida and throughout the country has created more flexibility for individuals to earn money on their own terms. The independence and flexibility of this type of economy allows many to manipulate the tax system to their advantage. Many are using the system to avoid having to pay child support.

Public assistance can spur a child support case

In Florida, many single parents are struggling to make ends meet. This can especially be true after a separation from a partner who once provided the majority of the income for the entire household. Single parents who are lacking sufficient financial support to cover the necessary expenses of life may turn to the state or federal government to seek assistance with medical care, food costs, housing or other matters. When this happens, the government will inquire about whether the single parent is currently receiving child support to help provide for the child's expenses.

Dividing finances and assets during a military divorce

Married Florida couples may find that going through a divorce while in the military can add a level of complexity to the process. While the actual procedural process is the same for military and non-military couples, there are some additional factors that could have an impact on the divorce for those with a spouse in the military.

How shifting gender roles can cause divorce

Florida residents who are thinking about marriage may be interested to learn that, according to a recent study, women who have sudden career surges after initially earning less than their husbands are more likely to get divorced. Part of the reason for this may be due to traditional gender roles.

How the self-employed can work on their relationships

It is a common belief that the national divorce rate is at about 50 percent. However, the divorce rate for entrepreneurs in Florida and throughout the country could actually be higher. One reason is because a new business can lead to financial issues, and those problems can bleed into a marriage. The dynamics between partners themselves can also cause stress within a relationship.

How to successfully adopt a stepchild

The role of a stepparent can be critical in a child's life. In some cases, Florida residents who are helping to raise another person's child may want to go through the formal adoption process. Completing the process will be much easier if the stepparent already has a relationship with the child and one of the child's parents.

Divorcing parents can help their children heal

Florida parents who are headed for divorce may wonder how they can help their children through the separation process. For a child, divorce can involve moving homes as well as spending time in two households and having separate access to each parent. Unfortunately, some kids may worry that they are to blame for the split. That's why divorcing parents should pay close attention to the emotional health of their children.

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