Wedding rings can be incredibly expensive. Some people spend tens of thousands of dollars on the ring before the wedding even happens. It’s a symbol of the engagement and the intent to get married in the future. If you and your spouse are now moving toward a divorce,...
Property Division
Do pension plans get divided in a divorce?
Your spouse has a pension plan, and they've been earning into it for the last 10 years that they've been at their job. This pension plan is a big part of how you hoped to retire. But you're not nearly at retirement age yet, and you and your spouse have started talking...
Signs your spouse may be hiding assets
Going through a divorce can be one of the most difficult times in a person’s life. It can be mentally and emotionally draining for all parties involved. The situation is made even worse if you believe your spouse is hiding money or assets. Trying to figure out what...
How do you know if your spouse has hidden assets before divorce?
One of the biggest complications in a divorce is the division of marital property. With the exception of couples who execute prenuptial agreements, most couples will have to either negotiate property division settlement or prepare for litigation. What if you believe...
Property division when unmarried couples break up
It's a difficult and emotional process to go through a relationship split-up in Florida, but, sometimes, it may be necessary- even for unmarried partners. When property is improperly divided, things can easily be worse. Whether you are splitting up with your partner,...
Reasons to sell your home during a divorce
Deciding what to do with the house during a divorce can be tricky. It’s likely your largest asset if you own it outright. If you have a mortgage, it’s your largest debt -- though selling it may turn it into an asset if you get more than you owe. Selling a home is a...
When is a QDRO needed in a divorce?
When people in Florida get a divorce, they may have some property to divide, including retirement assets. For some retirement accounts, a document known as a qualified domestic relations order is necessary. Benefits of filing promptly The person who has the retirement...
How would divorce affect retirement plans?
Retirement is usually the result of hard work and planning. Even then, things may not necessarily work out as everyone intended. One of the biggest roadblocks to a retirement starting and continuing as intended is the prospect of the end of a marriage.How does divorce...
Is the division of debt actually a part of divorce?
Divorcing couples are typically concerned with dividing assets in the fairest manner. Reaching a successful compromise can be challenging depending on various factors centered on the financial history of the marriage and the marital assets acquired over the duration....
Staying on top of divorce-linked money matters
Most divorcing spouses in Miami and across Florida certainly don’t think of marital dissolution in terms of a sink-or-swim analogy, of course.For select others, though, that image might seem both spot-on and vivid, especially concerning personal finances. Maybe...
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