It isn't uncommon for married couples in Florida and around the country to share a financial adviser while they are together. In some cases, a financial advisor may be willing and able to work with you alone or with you and your estranged spouse during the divorce...
Divorce
Spouses often make financial errors during a divorce
In Florida, spouses going through a divorce often make unforced errors that can harm their post-divorce life. Specifically, they tend to make personal finance mistakes from either overlooking something or focusing on the wrong priorities. Spouses need to focus on a...
Gray divorce poses numerous difficult issues to consider
A divorce in Florida can be challenging no matter what stage in life the parties have reached. However, those who are going through a divorce after the age of 50 should be aware of some extra considerations that may influence their finances as well as the prospects of...
Think about life insurance in a divorce
Divorce agreements in Florida will address all of the major issues. They will give extensive attention to custody and property division, meticulously laying out all of the provisions of the agreement. Many divorcing spouses make the mistake of failing to pay enough...
Take life insurance seriously in a divorce
Property division and custody are usually the major headline issues in a Florida divorce. Exes tend to spend much of their time and mental energy on solving these problems. However, this leads to overlooking seemingly simple topics such as life insurance....
Florida may change custody and alimony laws
The Florida Legislature is once again considering a bill that would make sweeping changes in the areas of alimony and child custody. The bill would both end permanent alimony in the state and institute a rebuttable presumption that custody between the parents will be...
A divorce trial may not be the best idea
In a typical divorce case, it may be best to settle instead of going to trial. Trials can take up to a year to complete, and individuals may be required to take time off work to appear in court. Furthermore, they will likely need to stay close to the phone in case...
Impact of divorce on substantially equal periodic payments
Some older couples in Florida who are nearing retirement choose to divorce. When they do, they may have established IRAs or other retirement accounts with substantial savings that will need to be divided. If the people are under the age of 59 1/2 and have been taking...
Keeping the family home is getting more manageable
Florida real estate has gotten notoriously expensive in the past decade as the economy has experienced a strong period of growth. While this is generally good for all, it presents a problem for a spouse in a divorce who needs to buy out the other spouse's share. Now...
Why a prenuptial agreement could help in a divorce
Some people in Florida who are getting married might want a prenuptial agreement. This can be useful for individuals who are bringing assets into the marriage they want to protect or who have children from a previous marriage.The property that people bring into a...