Divorce can have a significant effect on your retirement plans. It means you no longer have someone to share it with, and you will have less money to fund it with. You can of course find a new partner and earn more money, but you still need to understand what happens...
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Property Division
Why getting the house in a divorce is not always ideal
You might love your home, yet that does not mean you should insist on keeping it in a divorce. The family home is likely one of your most valuable assets, so hanging on to it may seem like a no-brainer. Yet sometimes, it is better if you let it go. Here is why: The...
Does your ex need to return the ring after your divorce?
You spent thousands of dollars on an engagement ring before you proposed. Your partner said yes and you got married. Fast forward seven years, though, and they have now filed for divorce. You know that all of the items you bought together during the marriage have to...
How debt is handled in a Florida high-asset divorce
A lot of people think of debt as something that higher-income households don’t have to worry about. However, those households typically have more debt than lower-income families. In fact, research has shown that adults with a net worth of $100,000 or more tend to have...
Navigating complex high asset divorce cases in Florida
Any given divorce case in Florida has the potential to get messy quite quickly, depending on the circumstances. However, high asset divorce cases can be complicated and emotional because of one issue above all others: property division. Property division in a high...
An overview of how a retirement plan gets divided
Many people in Tavere and throughout Central Florida may have a lot of money tied up in their 401(k) plan. Others, including former military professionals and many government employees, may also be entitled to a pension. As people get into their fifties and early...
Financial concerns should be addressed in a Florida gray divorce
A growing number of Floridians over 50 are choosing to get a divorce. Referred to as a “gray” divorce, this carries with it certain concerns that are generally not evident in divorces involving younger people. For example, finances play a larger role in a gray divorce...
What happens to the family business when the owners divorce?
Florida couples may have spent years or even decades growing a profitable and successful small business together. However, even couples who work together as business partners may find one day that their marriage is unraveling and will decide it is in their best...
Yours, Mine, & Ours: Property Rights During a Florida Divorce
Getting a divorce is stressful and can involve many different legal issues aside from simply ending a marriage. Florida parents who choose to end their relationships must work out custody and support plans for their kids, and some couples may have to address alimony...
How to prevent divorce from severely damaging retirement
Finances will come to the forefront in any Florida divorce. Much has been discussed about so-called gray divorce with a growing number of people 50 and over choosing to end a marriage. The number has doubled in the last three decades. This has led to people thinking...
