Getting a divorce has an impact on every aspect of your life, perhaps none as significantly as your finances. Knowing how to put yourself in a position to prosper financially after a divorce is one of the most important steps you can take. Florida residents who have...
divorce
How do you divide a 401(k) in a divorce?
If you're thinking about getting married in Florida, you may want to sign a prenup first. If you don't, most of your assets will be up for grabs if you get divorced. This includes your 401(k), even if it only has your name on it, and you've been saving up for decades....
Paying for a child’s education after a divorce
A divorce may allow you to end a relationship with your spouse. However, it doesn't absolve you from paying for a portion of your child's educational expenses. For instance, you may be required to cover the cost of private high school tuition or the cost of attending...
How can business owners protect their company during a divorce?
Filing for divorce in Florida can be a scary undertaking for business owners. They may face the possibility of their spouses taking over their companies or seizing their share of the assets. Here's how individuals who own businesses can protect themselves if their...
How can women financially prepare for divorce?
Filing for divorce in Florida can cause financial stress as well as emotional drain. An individual suddenly finds themselves living on their own, paying their own bills and trying to figure out how to buy health insurance and save for retirement. This is especially...
Understand the role of a certified divorce financial analyst
Divorces can get complicated because it's often hard to divide assets and negotiate issues like child custody. When one spouse has more money and power than the other, a certain amount of bullying can happen, too. Married people in Florida should know that there are...
Avoiding costly divorce mistakes
Going through a divorce is an extremely emotional time for most spouses. It can be difficult to maintain your equilibrium and keep a level head during a time when it feels like your life is coming apart at the seams. However, Florida residents should be careful not to...
Divorce myths busted
Society has been overrun with a barrage of statistics about divorce, but many of those statistics are outdated or simply inaccurate. While divorce is certainly a very real and prevalent problem for people in Florida and the rest of the country, there are myths that...
Formal and informal methods to find hidden assets
When getting a divorce in Florida, it is not uncommon to fear that a spouse is hiding assets that would be subject to equitable division. Since people who have these suspicions are unlikely to trust what their spouses tell them, it may be a good idea for them to do...
Financial tips for older Florida adults in a divorce
After a long marriage, two people who are going though a divorce may have complicated assets to untangle. If they are near or past retirement, ensuring their financial security may also be very important. The first step for people going through what is often called a...