The process of dividing marital wealth can seem overwhelming for many Florida spouses. In order to achieve a fair division of assets, each and every item of value must be considered. Property division negotiations often become heated, and dividing marital wealth can quickly become the central focus of an otherwise collaborative divorce. It is important to remember the impact that health insurance coverage can have on one's financial stability in the years that follow a divorce.
Dividing marital assets is a primary focus in most divorce cases. Just as no two married couples are exactly alike, neither are the financial considerations for any given couple. Some Florida couples have far more complex asset portfolios than others, but all couples should take care to address each and every asset held within the family. It is easy to overlook uncommon asset types, which can lead to an unequal distribution of wealth during the property division process.
When a Florida family is going through a divorce, having the best possible legal advice can make a world of difference in the eventual outcome. It is important to choose an attorney who is highly skilled at all aspects of divorce, including property division. Having a trusted legal advisor can make it far easier to reach a divorce settlement that is in line with a Florida spouse's needs and goals.
While navigating the legal end of their marriages, Florida spouses must take care to control their emotional responses to these significant life events. This is a time in which numerous property division decisions must be made, and those decisions should be informed by reason rather than emotion. An example is found in the newsworthy case of a man who left a divorce hearing only to be arrested and charged with arson a short time later.
Having various types of insurance policies has become part of the American way of life. Often, we take on more types of insurance as we grow into adulthood, and as our responsibilities increase. When a divorce and subsequent property division takes place, the landscape of those insurance needs often shifts. The end of a Florida marriage is a perfect time to reevaluate one's current level of coverage and to determine what changes are appropriate.
There are many different ways that Florida spouses can take steps to hide assets, some of which are simple while others are quite complex. For those who stay abreast of technological advancements, there are even more ways to deceive both the court and one's spouse. Bitcoin is one of the fastest growing options for spouses who are seeking a way to shield their wealth from the property division process, and it is important for all spouses to be aware of the methods by which these actions occur.
When a Florida couple has pets, the love and care that is provided is often similar to the love of a child. People spend enormous volumes of time, effort and money to care for their animals and often become incredibly attached. When a union ends in divorce, spouses can become deeply bitter over having to determine which party should retain "custody" of the pets. The matter falls outside the scope of traditional divorce issues such as property division or child custody.
For many Florida residents, deciding what to do with the family home is a major focus of their divorce process. In some cases, one party wants to retain the home, while the other wants to sell the property and move on. This can be a major sticking point in divorce property division negotiations, and many spouses wonder what their options are.
When two people get divorced, those who depended on that couple for love, support and care can find themselves in a very difficult position. They may have to get used to moving between houses, seeing one person much less or never again and new care environments when no one else can be home.
If you are going through a divorce or feel that filing for one may just be around the corner, you are likely aware that doing so can take a significant financial toll on you. This is true whether you have significant assets at stake or not. However, you can protect yourself -- and your bank account -- by being prepared.