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The financial mistakes many people make during divorce

Ending a marriage is a complex and emotional process, and it is east to allow these emotions to dictate choices and drive how a person makes decisions. This is a normal inclination, but it is prudent to consider how choices make during this process can affect a person's long-term stability and financial interests. Instead of allowing short-term feelings to motivate choices during divorce, it is smart to consider what is actually prudent and sustainable months or years down the road.

One of the most common mistakes people make during a Florida divorce is to fight to keep the house. Even if it is family home and a person feels very strongly about remaining there for any reason, it may not be financially sustainable to do so. Making mortgage payments and paying taxes can be very expensive, even with financial support from a former spouse. Before agreeing or fighting for the home, a person needs to think about whether or not this is truly best.

How does a divorce later in life impact women?

The end of a marriage will bring various changes to a woman's life, especially finances. Money is one of the most contested issues in any divorce, and even the most amicable of couples may find it difficult to reach decisions on these matters. The financial aspects of a divorce can be particularly important for older Florida readers.

Gray divorce is what happens when a couple over the age of 50 decides to end their marriage. There has been a sharp increase in the number of gray divorces over the last few decades, and it can bring a host of unique and pressing financial challenges for Florida women over the age of 50. For example, many women facing gray divorce have never managed all of the finances or made significant financial decisions on their own.

Divorce for older couples and its impact on retirement

The end of a marriage will have a significant impact on various areas of a person's life, including his or her finances. This is a particularly sensitive issue for individuals who are older and nearing retirement. Divorce will impact retirement savings and long-term plans, and it is beneficial to be aware of how division of assets will work and what that could mean for the future.

Retirement assets are some of most complex issues to address in a Florida divorce. There are various types of accounts, and there could be substantial amounts of money in these accounts, especially if a couple has spent decades saving for post-work life. In a divorce involving older individuals, there could be annuities, 401(k)s and IRAs to equitably and reasonably divide.

Is there a waiting period for divorce in Florida?

One of the big concerns individuals may have when getting divorced is how long the process will take. What rules does Florida have regarding how long a person has to wait to file for a divorce and get a divorce finalized?

Under Florida’s main no-fault divorce ground, there is no waiting period a person has to go through to file for a divorce in the state. However, if a person is relatively new to the state, they may have to wait a bit to file for a divorce so they can meet the state’s residency requirement. Under Florida law, to be eligible to file for a divorce in the state, a person has to have at least six months of residency in the state.

Navigating back-to-school time after a divorce

Going through your divorce was probably stressful and now there is still life to worry about after your split with your spouse. Back-to-school is just around the corner and that presents a whole new challenge. Parenting without your spouse will be a change and the new school year will certainly be a different experience for you and your kids.

You may be worried about how to handle the upcoming academic year as a newly single parent, but it does not have to be overwhelming.

Divorce stressors don't always stem from legal matters

When discussing the many challenges people deal with when going through divorce, most people think about legal matters as the forerunners for stress. From dividing marital assets and debts to deciding who will get custody of the children and when, it's not difficult to see why not. In most divorces, these two areas see the most conflict, oftentimes requiring considerable patience in addition to time.

In some cases, however, divorce is more than just about working through legal matters. There are many other challenges and stressors couples may experience or need to take into consideration before tackling the process of dissolving a marriage. Ultimately for some, coming to a conclusion about these considerations could mean the difference between following through with divorce and not taking the plunge.

WHAT VISITATION SCHEDULES DO MOST JUDGES USE?

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WHAT VISITATION SCHEDULES DO MOST JUDGES USE?

That's a loaded question which is exceedingly difficult to answer, but one that comes up quite frequently in meeting with clients. To dispel any myths, there is no such thing as a "standard visitation schedule." In fact, Florida lawmakers haven't used the term "visitation" for many years, with "timesharing" being the preferred term.

In Palm Beach County, and in many other counties across the state as well, there are "Model Timesharing Schedules" which were oft-used in years past and which are still utilized quite frequently today. Remember, though, these are not State-approved or Court-approved schedules. Rather, they are just schedules that are so commonly used that they've been distilled to written documents and widely circulated.

UNWANTED DIVORCE - A CHRISTIAN PERSPECTIVE.

cover-unwanted-divorce-christian-perspective2-1024x576.jpgFlorida, as in most states, is a no-fault system. Meaning that if your spouse wants to get divorced, it's going to happen. Courts in Florida do have the authority to put a temporary hold on the proceedings to allow for marriage counseling, but in practice, this almost exclusively occurs only when both spouses agree to do so.

TODAY IS NATIONAL SPOUSE'S DAY!

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Unlike Valentine's Day, National Spouse's Day isn't about fancy gifts or elegant dinners. It's about spending quality time with your spouse and appreciating the ways they enrich your life.

Celebrating National Spouses Day is a great way to reconnect with your spouse and keep that spark alive.

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