In generations past, it was common to grow up and marry someone from your hometown, settle down in the same community, rear your children and work at the same job for 40 years. Other than for annual vacations and overseas deployments in times of war, some people never left the area in which they were born and raised during their lifetimes.
During your marriage, it's possible that you and your soon-to-be ex-spouse took on joint credit card debt. While this may have been necessary for a number of reasons, it can pose a challenge during the divorce process.
In any divorce, alimony is typically the most contentious issues next to child custody. Judges in Florida spend a great deal of their time resolving disputes related to unpaid alimony or former spouses making the case for why the court should terminate future alimony payments.
If you decide to divorce later in life, such as around retirement age, there are special considerations. For example, you'll focus a good amount of time on the best way to split retirement assets.
Once you decide to divorce, it won't be long before you're making a checklist of all your assets and debts. It's critical to have this nearby at all times, as it'll help you make informed decisions.