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Divorce can make beginning of school year more complicated

Beginning a brand-new school year in Florida can be both exciting and nerve wracking for any child. However, it can be especially intimidating for a child whose parents are going through divorce. After all, transitioning from having one household to having two households can make entering a new school year even more complicated. However, if the child's divorcing parents can remain communicative with the child, this can make the process a lot less stressful.

Understanding values of assets essential during divorce

The process of dissolving a marriage in Florida can be challenging, not just emotionally but also financially. Unfortunately, a single mistake made during the financial decision-making process can have negative long-term consequences. A common financial mistake made during divorce is assuming that two assets with the same face value are actually equal.

Prenuptial agreement offers financial protection in divorce

When couples in Florida are ready to get married, they may look forward to many happy years together. The reality, though, is that marriages do not always last no matter how hard each partner may try to make things work. This is why creating and signing a prenuptial agreement before getting married is generally a good idea.

Divorce mistakes may make process more complicated

The process of ending a marriage can no doubt be confusing and frustrating. However, the choices made during the divorce process can have long-term implications for all parties involved, so it is critical that those going through divorce focus on seeing the big picture and on staying financially responsible and aware during each stage of the process. Here are a couple of mistakes that many couples make during divorce proceedings in Florida.

Divorce may affect eligibility for college financial aid

Trying to figure out whether a child is eligible for college financial aid can certainly be confusing. However, the process can be even more overwhelming for those who are going through divorce. Here is a look at what to expect when it comes to financial aid following divorce in Florida.

Many spouses confused about property division during divorce

Dividing property is commonly one of the most acrimonious aspects of a marital breakup. Part of the problem is that many spouses who are going through divorce have misconceptions about what property distribution means for them according to state law. Here is a look at a couple of these misconceptions in equitable distribution states, such as Florida.

New tax law complicates divorce process

The dissolution of a marriage in Florida is a complicated process that can no doubt be overwhelming both financially and mentally. However, the new tax law is complicating divorce even more for many couples. This is particularly the case for those with minor children as well as those who have created prenuptial and postnuptial agreements.

Divorce can have long-term impact on one's finances

The fact that the dissolution of a marriage can be emotionally and financially challenging in Florida and elsewhere is no secret. However, recent research quantified how the divorce process impacts a person's long-term finances. This, of course, has implications for his or her retirement readiness especially.  

Being detail oriented during divorce is critical

The dissolution of a marriage is never an easy process, no matter how amicable two divorcing spouses may be. Unfortunately, the challenges associated with divorce oftentimes do not stop, even after the divorce has been finalized. A common post-divorce mistake that couples make in Florida is that they become disengaged from relevant details of the breakup.

Tips may help with navigating financial aspect of divorce

During the dissolution of a marriage, one of a spouse's biggest areas of concern may understandably be money. After all, transitioning from one household to two households with the same pot of money can be challenging. Here are a couple of tips for navigating the financial aspect of divorce in Florida.

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