The exchanging of wedding vows is usually intended to last until death. Unfortunately, with a divorce rate still estimated to be around 50 percent, the odds of a couple eventually divorcing may make planning for such a possibility a prudent measure. Florida residents who are anticipating filing for divorce may make property division easier by doing as much preparation ahead of time as possible.
The demise of a marriage is accompanied with a myriad of emotions, most of which could create more conflict. When it comes time to determine the settlement agreement, the property division aspect is best approached with as little emotion as possible. Florida residents who are beginning the process may benefit from focusing on the financial aspect of the dissolution.
In many families, pets take on the role as cherished members. For that reason, divorcing couples often consider the fate of a pet as much more than a property division aspect of their settlement. There are many Florida residents who are struggling to determine who gets the dog when the marriage is over.
Every family's needs are unique, and each divorce proceeding reflects that. To that end, one issue that may have a significant impact on post-divorce finances is property division. Florida residents who are preparing to divorce may benefit from some sound advice regarding common errors that may have negative consequences on both asset division and finances in general.
Two of the most significant events in a person's life may include having a family and starting a business. Unfortunately, there are no guarantees in life, and while a divorce may not be avoidable, there are steps one can take to protect some assets during the property division -- including preserving a growing business. Florida residents who are currently going through a dissolution may benefit from the input of financial professionals.
There are few times in life that can be more acrimonious than a bitter divorce. When it comes to the property division settlement, the two sides often fail to come to an agreeable solution on their own. Florida residents who are struggling to resolve these disputes may seek the input of a neutral professional.
The process of going through a divorce is rarely a happy one. Spouses must endure the process of resolving property division and other settlement arrangements while awaiting that final decree that signals the end of a chapter. Florida residents who have gone through the process may be unsure how to move forward with their lives.
There is no disputing that relationships are hard work, especially as time goes by. According to one researcher, if certain behaviors are occurring in a marriage, they may indicate that property division discussions will be occurring in the not too distant future. Some Florida residents who are dealing with any of these issues may already be considering how to end their marriages.
Though the divorce rate has declined slightly in recent years, there may still be a 40 to 50 percent chance that a marriage will end in divorce. When it comes to property division, how assets are divided often depends on the state where one lives. Florida is an equitable distribution state and that also pertains to how debts will be addressed.
According to researchers, the divorce rate among younger adults has leveled off. However, the rate for those 50 and over has doubled and even tripled for those over 65. There may be many reasons why these couples become part of the 'gray' divorce statistics, but the task of settling on asset and property division can derail retirement plans for residents in Florida and elsewhere.