The idea of getting married can understandably be exciting, but unfortunately, not all couples end up experiencing happily ever after. In addition to leading to emotional challenges, this can lead to financial problems, especially for those who are business owners. However, business owners in Florida can protect themselves from the negative impacts of divorce in a couple of ways.
According to new research, young adults in Florida and other states are choosing to stick together in marriage. For this reason, marriages among members of the millennial generation are not ending as quickly as marriages did in the past. As a result, the divorce rate is on the decline nationally.
Getting divorced can be just as tough mentally as it can be financially. This is the case whether two people have been married for five years or for 50 years. However, those going through the divorce process in Florida can take a couple of steps to protect their mental health along with their emotional well-being.
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.
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.
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.
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.
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.
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.
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.