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Planning for future important part of divorce proceeding

The dissolution of a marriage can be an emotionally and financially stressful event. This is true no matter how amicable the divorce process may seem at first. A couple of tips may help those going through divorce in Florida to make expedient decisions when it comes to their finances.

An important first step in divorce is for spouses to begin thinking about how they want their futures to look. Although this may be challenging to accomplish when their emotions are in disarray, it is critical. A major mistake that many individuals make during divorce is to keep family homes they cannot afford.

Women in particular often want to hold onto the house so that the children can stay in their familiar home. This may be a good idea in theory, but it can be difficult from a practical standpoint, as maintaining the house with just one salary instead of two now may be impossible. Having all of one's assets in the family home, rather than having some liquid assets, generally is not the best move since financial emergencies can crop up at any time.

Planning for the future while dealing with the emotional complications of a marital breakup in Florida can understandably seem overwhelming. However, a qualified divorce attorney can offer the necessary guidance for making logical financial decisions that will not ultimately undermine the client's long-term financial goals. The attorney's goal is to ensure that the most personally favorable outcome is achieved and that the client's rights are protected each step of the way.

Source: fox5ny.com, "Getting a divorce? Do these 3 things first", Alison Morris, Jan. 24, 2018

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