Divorce can cause you not only emotional stress but also financial stress. You may not have realized the extent of the financial responsibilities associated with a divorce, especially regarding debt. Consider these three key aspects of debt division as you prepare for...
Divorce
5 common misconceptions about later-in-life divorce
Later-in-life has become so common nowadays it has its own name. Grey divorce occurs when individuals over the age of 50 elect to end their marriages. Currently, couples between 55 and 64 have a 43% divorce rate, the highest of any age group. Even though gray divorce...
Will I get to keep my inheritance after the divorce?
Florida is an equitable distribution state. This means the family courts try to distribute assets between the spouses in a fair and reasonable manner, but fair does not always mean equal. The judge sets aside all assets and debts that are nonmarital to determine how...
How Are Retirement Funds Divided In Divorce?
It may not be the first thing on your mind during a divorce, but your retirement accounts are a very important part of your assets regarding the divorce process. For most people, their retirement accounts like 401ks, IRAs and pension plans are one of their most...
Is your health insurance at risk during your divorce?
Because medical care is often expensive, health insurance is a necessity for virtually all Floridians. For a variety of reasons, employers regularly offer coverage to both employees and their family members. Regardless of whether your employer offers coverage, you may...
Signs you may want to rethink a collaborative divorce
Many couples successfully resolve their issues through the collaborative divorce process. In some instances, however, it may not be the best choice. These are the most common situations in which you should rethink a collaborative divorce. You own significant assets...
When might a forensic accountant help in a divorce case?
When you have a lot of assets, you have a lot to potentially lose when your marriage ends, and in many cases, the longer your marriage lasted, the more complicated your financial situation may be. Increasingly, people going through divorces who have complicated or...
3 ways divorced stay-at-home moms can rebuild credit
If you were a stay-at-home mom while married, it can be daunting to rebuild your finances after divorce. Figuring out how to do it all on your own can seem impossible at times, but do not lose hope. While divorce can be hard on your finances, it is possible to build...
How to protect a business during a divorce
The divorce rate is dropping across the United States. Time Magazine even reported that in 2016, the national divorce rate hit a 40-year low. Despite the good news, divorces are still prevalent. Every case is unique, and the divorce process gets even more complicated...
The physical effects divorce may have on women
Women and men deal with stress and anxiety in different ways, and divorces are full of those negative emotions. While you are both dealing with the dissolution of your marriage, the stresses of divorce may affect men differently than they do women, particularly those...