If you are getting divorced in Florida, one of the most important things to consider is how to divide your income-producing assets. These include anything from your home and businesses to your retirement accounts. Here's a look at how the law would apply to you,...
Year: 2022
Ways to protect your retirement in a divorce
Retirement assets are one of the most difficult assets to divide for divorces in Florida. The complexity of the rules that govern these retirement assets makes them hotly contested and difficult to unwind, but there are ways to protect retirement assets. Retirement...
Differences between alimony and child support in Florida
When a couple decides to get divorced in Florida, one of the first decisions they will have to make is how to split up their assets and liabilities. This includes figuring out who will pay for child support and alimony. Here are the main differences between the two....
Determining child support for joint custody agreements
Joint custody is shared legal or physical custody of children when the parents are separated or divorced. If parents decide on joint custody, they will share in the daily care of the children. Child support is a huge part of any custody agreement, and if you're a...
Handling financial issues during a divorce
There are financial challenges that are inherent to the process of divorce in Florida. You're likely to have a bad start in your new life if you can't properly anticipate what will happen next after the divorce is finalized. Handling debt As a joint partnership, the...
Considerations for stay-at-home parents in divorce
When a couple in Florida decides to get divorced, it can be a difficult decision for both parties. However, if you're a stay-at-home parent, divorce can be an even more complicated process. You have to understand your rights and what you're entitled to if you want to...
Dividing assets fairly during the divorce process is essential
If you reside in Florida and decide to get a divorce, there are several decisions you'll need to make. Some of these include how your investments will be split. Holding annuities, IRAs and 401(k)s requires you to weigh the benefits and drawbacks of each investment...
What are the qualifications for durational alimony in Florida?
If your marriage is coming to an end, you need to think about what happens next. This will include preparing the best way to maintain your financial health. You may wish to file a claim for durational alimony. There are a number of qualifications you will need to...
Understanding the complexities of a contested divorce
When couples in Florida are ending their marriages, they are ready to part ways permanently. In general, the concluding step of this process is finalizing the divorce. But if one of the spouses contests the divorce, that resolution might be months or even years away....
The basics of alimony in Florida
One of the most important things you may have to consider when going through a divorce is alimony. Alimony, also known as spousal support, is money that one spouse pays to the other to help them maintain their lifestyle after the divorce. Types of alimony There are...