Divorce is notorious for wrecking financial savings and stability. However, your ending relationship does not have to be the reason you spend the rest of your life working. Knowing how divorce could impact your financial situation can help you prepare for your next...
Divorce
3 factors behind the rise of gray divorce
Over the past few decades, the divorce rate for couples beyond their 50s has seen a dramatic increase. While this is a world-wide phenomenon, retirement-age couples in the United States have seen the divorce rate more than double. Even though the decision to end a...
Millennials are signing prenuptials
Many contentious Florida divorces could have been avoided had the parties signed a prenuptial agreement prior to marriage. More people are learning these lessons and are signing these agreements. While these were previously disfavored among the older generations,...
Filing a divorce when cryptocurrency values keep fluctuating
A Florida divorce poses financial hurdles, including how to divide cryptocurrency assets. If you plan to divorce your spouse whose assets include bitcoin and other cryptocurrencies, you'll want to check all financial records to determine their value. This includes...
There is more than one way to value a business in a divorce
When Florida couples decide to divorce, property division can be one of the most contentious parts of reaching a settlement. This can be particularly true for the owners of closely-held or family businesses, where the valuation of the enterprise can have a major...
Divorce and executive compensation in Florida
If you're a high-powered executive or you're married to one, you likely have to deal with executive compensation when you decide to divorce. More than 15 million employees in the United States have restricted stock plans and stock options. Here are some things you...
What happens to a house during a divorce
Owning a house in Florida makes things slightly more difficult when going through a divorce. Fortunately, both parties do have some options. Here’s what generally happens to a house during a divorce. Buying the other owner out If one of the spouses wants to keep the...
How is real estate divided in a divorce in Florida?
One of the stressful elements of a divorce is determining how shared property will be distributed to both ex-spouses. Several U.S. states are community property states, meaning that all shared property is split evenly. However, asset and property division in Florida...
How to make parenting easier during the summer
Generally speaking, Florida law allows both parents to spend time with their children during the summer months. Therefore, it is important that you work out a custody plan with your former partner that allows your son or daughter to enjoy his or her time away from...
What are common divorce trends in the LGBTQ community?
Divorce is common for both straight and same-sex couples in the state of Florida. As same-sex marriage becomes legal in more countries around the world, statistics show that divorce rates are increasing. Understanding these increases can help you determine some trends...