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June 2017 Archives

Divorce can be complicated by jointly-owned businesses

For Florida couples, a divorce can be a challenge when they own a business together. Across the United States, around 3 million of the 22 million estimated small businesses in the country are owned and managed by couples. When the business is successful and profitable with strong involvement by both partners, a marital split can be particularly complex.

Mary J. Blige ordered to pay spousal support

Florida music fans may know that Mary J. Blige filed for divorce from her husband in July 2016. At the time, Blige claimed that a prenuptial agreement both parties had signed waived the right for spousal support. However, her husband asked for $129,319 per month in support. A judge has now ruled that the singer must pay $30,000 a month on a temporary basis.

How to prepare financially for a divorce

People in Florida who are considering a divorce should take some steps to get their finances in order. They may want to start by consulting both a certified divorce financial analyst and an attorney because there may be certain steps that should not be taken prior to filing for divorce or while the divorce is in progress. For example, making changes to wills or to beneficiaries on life insurance accounts could cause problems later. It may be better to delay these types of changes and discuss the situation with a professional. While friends or websites may offer good general advice, every jurisdiction and divorce is different.

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Pilka & Associates, P.A.
213 Providence Road
Brandon, FL 33511

Phone: 863-236-9321
Phone: 813-653-3800
Fax: 813-651-0710
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Lakeland Office
256 North Kentucky Avenue
Lakeland, FL 33801

Phone: 863-236-9321
Phone: 863-687-0780
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Local Number 863-236-9321

Local Number 863-687-0780

Fax Number 813-651-0710

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