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Kissimmee Florida Divorce Law Blog

You may be obligated to pay your ex's student loan debt

If you're considering getting divorced, then you've likely done some digging around to find out what happens to your assets when you split up. You may not have stopped to think about what happens with your debts though. Your Kissimmee judges split them up among the two of you judt like any other assets you two share. Student loans are included in this.

In an equitable distribution state like Florida, judges are allowed to decide what's most fair when dividing up assets and debts. This is why settlements vary from one case to the next.

A stay-at-home parent's work is truly valuable

A judge in the South American country of Argentina recently ruled that one ex-wife should receive $179,000 as a lump-sum alimony award from her former husband. The woman who is set to receive this amount spent all 27 years that she was married to her ex caring for their shared house and kids. This judge's award has made many here in the United States question how we should value the work of a homemaking spouse.

When a Kissimmee couple divorces, it's not uncommon for a breadwinning husband or wife and their stay-at-home parent spouse to fight over alimony.

We can help you seek joint custody of the kids

You and your spouse are tired of fighting and have made the decision to split for good. You want to keep the process as civil as possible and salvage what remains of your co-parenting relationship.

For many, that means making the decision to seek joint custody of the kids. The position of the Florida family law courts is that children fare better when they are allowed equal access to both parents. Of course, the situation can shift dramatically to one parent's side if there are allegations of abuse, neglect or impairment from drugs or alcohol.

Protecting your business assets during your divorce

You worked hard for years, even decades, to build and grow your Florida business. It may seem like all of your hard work is up in the air once you decide to divorce, and you understand how important it is to protect your business assets during this process. One of your main goals during divorce is probably to fight for the future of your company and preserve your financial interests.

It is possible that your business or a portion of your business assets is marital property. This means your property may be eligible for division in a divorce. As part of fair property division, you will probably have to seek a valuation of your business. When it comes to your company and your financial future, it is smart to know as much as possible about what to expect and how you can make smart decisions during this process.

Graduation time and divorce often go hand-in-hand

As you've ventured out to eat in Kissimmee in recent weeks, you've likely seen quite a bit of youth in satin gowns. It's that time of year again for high schoolers to walk across the stage and get their diplomas. Sadly in recent years, the start of divorce season has coincided with the high school graduations.

Many parents head out to their teenager's graduations looking. When they're there, they act like all is well in their relationships. Weeks later, once their child heads off to college, they schedule an appointment with a divorce attorney.

Documents all women should have when a divorce is pending

Data published by the American Psychological Association shows that as many as 50% of married couples end up getting divorced. This motivates many financial planners to tell their female clients to get their money matters in order as soon as their spouses threaten to divorce them.

There are three primary documents that women should gather together when a divorce filing is on their horizon. They'll all aid you in completing your financial affidavits for the court. It's on these documents that you'll both have to list your income, assets, liabilities and expenses.

How do you know your marriage is really unhappy?

There's a big difference between a marriage that's going through a difficult time and one that's just generally unhappy. Difficult times can be endured and even help a couple grow. An unhappy marriage can ultimately stifle both people's lives and make them downright miserable.

So, how do you tell the difference? Here are some of the biggest signs that you're heading for "unhappily ever after" in your marriage:

The income that a judge considers when awarding alimony

A husband or wife who puts their career on the back burner to take care of the home or children during their marriage will often request alimony from the other. In Florida, there are various types of spousal support ranging from temporary to something more permanent. There are several factors that a judge takes into account when making alimony awards. Income is one of these.

Earned income is often what judges will ask about most before rendering any decision. They'll want to know what a prospective paying spouse's annual salary is. They'll also inquire as to whether they're eligible for deferred compensation, employment perks, signing or performance bonuses, partnership distributions or carried interest. They'll likely want to know if their company contributes to their retirement account too.

Are you costing yourself more money in your divorce?

Every divorce is different, but like other people facing the end of their marriage, you may wonder how this process will affect you now and down the road. How much will you have to adjust your lifestyle? Will you be able to afford to live on your own? Will you have to pay spousal or child support? Money is a major concern during divorce, and you are not alone if you are looking for ways to cut down on expenses.

People often cost themselves more money than they realize in divorce. One issue that may actually end up costing you more is failing to know what to expect from the divorce process and having unreasonable expectations. Preparation can cut down on your stress, but it can also save you money, keeping you from costly battles you don't need to fight.

Florida marital property and asset matters can easily get sticky

Any assets that are either shared or acquired during a marriage are considered to be marital property. The way that they are divided up during a divorce depends on where the couple lives. In Florida, all marital property is divided up via a procedure called "equitable distribution". This means that a judge takes into account each spouse's assets and needs when dividing up the shared property, rather than merely dividing it all equally.

It's ideal for couples to have a prenuptial or postnuptial agreement in place to clarify what assets and liabilities belong to each spouse. However, there are other steps that you may take to help protect your financial interests in a divorce.

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