Florida couples who are getting a divorce may focus largely on major issues, such as child support and custody, as well as major assets such as the home. This might cause other financial considerations that are just as important to fall by the wayside. For example,...
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Year: 2016
It’s time for the talk: Prenup considerations for high asset marriages
We are all familiar with the wedding vows recited in the generic Hollywood movie scene: "for richer or poorer, in sickness and in health." While most engaged couples may seek to make similar promises during their own ceremony, those with high assets may have different...
What to do about asset depletion in divorce
Depletion of assets happens when one person in a Florida divorce spends marital assets in an effort to keep the other spouse from being able to claim them as part of property division. It may be possible to seek a restraining order to stop this from happening. It...
Divorce lessons from the Pitt-Jolie split
Florida fans of Brad Pitt and Angelina Jolie may have heard some of the speculation whirling around their divorce. It has been speculated that the two had a prenuptial agreement since both have been married before and each brought their own considerable assets into...
Protecting a college fund during a divorce
Florida parents who have established a college savings account for their child may be concerned about what will happen to the account if they divorce. When parents end their marriage, all marital assets must be divided, including savings accounts that were meant to...
Dividing retirement accounts, pensions and other complex assets
When Florida couples have been married for lengthy periods of time, they often have accumulated substantial assets, including pensions, retirement accounts, investment properties and other complex assets. If you are in this situation and are considering getting...
Assessing retirement benefits and finances before divorce
Divorce can affect Florida couples at various stages in their marriages, and the financial aftermath can be overwhelming for both parties involved in the process. There are many factors that are considered during financial negotiations in divorce, and both sides may...
Saving money during a divorce
Florida residents who are currently going through a divorce may not be entirely aware of just how costly the process can end up. Many divorces range in cost from $15,000 to $20,000 or more, and that is not including the cost of finding a new place to live. In order to...
Assistance with retirement matters related to divorce
If you are facing a Florida divorce, you might approach the situation with apprehension over the division of marital assets. You may be aware of issues such as needing to decide who gets the family home, or you might prefer the idea of selling the home to streamline...
Deciding between filing income taxes jointly or separately
A Florida couple with significant assets might rely on tax experts to determine the best approach to filing federal tax returns. However, those who prepare their own taxes might wonder if filing separately has any advantages over filing jointly. Married couples,...