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Divorce Law News

Home > Divorce Law News (Page 6)

How to Prepare Financially For a Divorce

Whether your marriage has finally wound down to where both parties realize a divorce is what they both deem necessary or whether your spouse suddenly tells you there is to be a divorce, it is vitally important you begin to think about and plan for the inevitable financial changes the future may bring. Emotions will no doubt be running high, especially if you have not suspected divorce was coming, but to salvage as much as possible for your post divorce life you must immediately begin to plan for the divorce. And, finances will play a huge role in how you...

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What Do You Know About Prenuptial Agreements in Florida?

Here’s 10 questions and answers to test your knowledge of prenuptial agreements, you might be surprised! There are many uncertainties about prenuptial agreements. Which ones are true and which ones are false? Take our true or false quiz below to find out more. [vc_accordion][vc_accordion_tab title="1. Any couple can seek a prenuptial agreement • True or False?" open="false"][vc_column_text pl="0" pr="0" pt="0" pb="0"] True • Any couple can have a prenuptial agreement. The key word here is “couple”. Both parties must want (without coercion), sign and have witnessed, and notarized the completed agreement for the prenuptial agreement to be legally binding. [/vc_column_text][/vc_accordion_tab][vc_accordion_tab title="2. You have to be rich to hire...

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All About Relocation With a Minor Child – Contested (Part 2)

What to do when a petition to relocate is contested?  As detailed in Part 1 of All About Relocation With a Minor Child Uncontested, the state of Florida has mandated that no person who is part of a parenting plan (custody) or has timesharing with or access to a child (visitation) as determined in the final judgment of the parent’s dissolution of marriage (divorce) can relocate themselves, with or without the minor child, further than 50 miles from their legal primary residence at the date of final judgment for more that 60 consecutive days. And, there are just three ways a...

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What Happens to Retirement Assets in a Divorce Settlement?

We so often think of divorce, or dissolution of marriage as it is now termed, as usually happening to couples in their twenties and thirties. So why, then, would there be much concern with retirement assets as there would likely be little to consider unless the couple was wealthy? In truth, however, a phenomenon termed Gray Divorce, that is divorce involving couples over the age of 50, is occurring in the US at an alarming rate. According to sociologists at Bowling Green, Ohio, State University who did an in depth study of Gray Divorce, the rates for older couples divorcing...

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Considering a Divorce in Florida, What Can You Do?

Here’s where you can start and what comes next. First and foremost you and your spouse need to try all avenues, including counseling, to try to reconcile and keep your marriage intact. However, when you have definitely decided to seek a dissolution of marriage (this is the legal term now used for the word “divorce”), what comes next? This blog will focus on Florida, remembering each state has different guidelines and laws regarding divorce. In Florida it is possible to go to the courthouse and pay for, fill out, and file your own paperwork to begin the legal process for dissolution of...

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Classification of Marital Assets. Why It’s so Important?

When married couples acquire a property or properties during the course of their marriage, irrespective of who owns it, it is generally known as marital assets. Most common examples include cash, house or estate, stocks, insurance, and pension. In contrast, those things that are not considered as marital assets are those that are acquired before marriage such as assets acquired as a gift, assets given by inheritance, assets that are traceable to other distinct property, like for instance cash received from a sale of a home acquired before marriage, and assets that are agreed upon before marriage, in writing, by...

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