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Posts tagged "Divorce"

What is a divorce waiting period?

Getting a divorce can be a complicated process if a Florida couple shares children, assets, and other items of property. Once they have filed their petitions and have begun the steps of untangling their lives from one another, the parties may have many difficult decisions to make to ensure that they are able to smoothly transition into single life. Some people wish to end their marriages as fast as possible, and while a timely end to a marriage might be possible for some, the state's waiting period requires all divorcing parties endure a short duration of time before their divorces can be finalized.

Child support and alimony have different purposes

A divorce can leave a lot of questions in the lives of Florida residents. While one of the parties may continue to work and earn the income that they made while they were in their martial relationship, the other may worry about how they will make ends meet without the support of their ex. In situations such as this, a court may award the non-working spouse with alimony to help them get back into the working world.

Common mistakes that plague divorce proceedings

No one wants to make the end of their marriage harder on themselves than it has to be. A divorce is a painful and difficult process even when it moves forward without issues, but complicating factors can put unnecessary and burdensome roadblocks in the parties' paths toward martial dissolution. There are a number of common mistakes that individuals can avoid to make their Florida divorces less complicated and more cohesive.

Common issues that cause individuals to divorce

Many Florida residents will agree that marriages require hard work and dedication on the part of the partners to flourish. Even when partners love each other they will still experience disagreements and conflicts that can shake the foundations of their lives together, and if they are not able to overcome their differences they may seek legal ways of ending their unions. This post will explore some of the most common reasons that Americans seek divorces, but as readers are aware, they may find that their own bases to divorce are far different than what they find herein.

Amazon CEO's divorce sheds light on the value of asset valuation

Shopping on Amazon is a common event in the lives of many individuals throughout the nation. Rather than going to their local big box stores or local establishments, Florida residents may submit orders through the online retail giant to deliver their purchases to their doors, sometimes even on the same day as they were requested. Due to Amazon's established place in the retail market, its CEO has become the richest man in the world.

Can a prenuptial agreement ever be set aside during a divorce?

One of the reasons that a Florida couple may choose to create a prenuptial agreement before the parties say "I do" is to manage any expectations the parties have about their property, wealth, and its distribution should they end their relationship in a divorce. Having a valid prenuptial agreement in place can smooth out certain divorce-related negotiations by having in place a set of agreements that the parties have signed off on at a prior time. If a prenuptial agreement was properly executed and does not suffer from defects, it may be difficult to have it invalidated during a divorce.

Equitable distribution during divorce property division

Divorce is a big process. While at its core it is the dissolution of a marriage and the breaking of legal bonds that tied two Florida residents together, a divorce requires its parties to address many other important legal matters. For example, pursuant to their divorce, an Okaloosa couple may have to settle the custody of their kids, financial matters related to alimony and child support, and make tough decisions on how to divide up their property.

The way that alimony is addressed by federal tax law is changing

A divorce can alter many of the plans that a Florida resident may have made for their future. Aside from the incredibly disruptive experience of leaving a relationship that was once intended to last forever, a person may find that they are not as financially stable as they were when they were married. A party to a divorce may discover that they were either dependent on their ex for financial stability or that they were the sole source of their former partner's capacity to financially survive.

Make alimony an important part of your divorce negotiations

In recent generations the instance of both members to a marital partnership working outside of the home has increased. As more women have entered the workforce to advance their own careers, Florida families and families throughout the nation have seen a shift in how money and spending power are allocated between the members of married couples. As more individuals have extended their educations and their earning potentials, the ways in which alimony negotiations are determined and paid out have also undergone changes.

Factors that can influence the division of marital property

Although a divorce is a legal process that ends the relationship created by a marriage, it involves a number of other legal considerations in order to set the respective parties up to begin their new, single lives. For example, if the parties to the divorce are parents, then they may need to engage in negotiations over how they will provide for and co-parent their shared kids. They may also need to evaluate how their shared property will be divided between them.

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