The divorce trend is on a downturn in the United States. This is due in large part to millennials choosing to delay getting married. Even still, there are thousands of couples that decide to throw in their towel and get divorced every year. While many people talk about how difficult it is to cope with the demise of their marriage, even less of them speak about how divorce impacts their finances.
Even when you think that getting divorced is the best thing for you and your children, you still know that it is going to be tough on the kids. It's a big change in their young lives. They may struggle to make the adjustment.
If you research the topic of child custody, then you'll find that an increasing number of family law judges award joint custody to parents. The research shows that joint custody allows both parents an opportunity to develop a meaningful relationship with their child. However, these studies don't often capture how stressful joint custody can be for the kids.
Engaged Florida couples rarely walk down the aisle expecting the marriage to end in divorce at some point in the future. While you may not think there is a way your marriage could ever lead to divorce, it could be beneficial to think about your future and determine how to prepare for it. One way to do this is by drafting prenuptial agreements.
Divorces are often difficult to resolve. They may be even more so if you have complex assets such as retirement or investment portfolios, stocks or a business to divide up. Many husbands or wives don't take too well to having to give up a portion of their pension or company to their ex, especially when they haven't put in the hard work to build up its value.
In Florida, there are two types of alimony, durational and permanent, each of which is intended to help a spouse cover their bills as they adjust to their new set of financial circumstances. While many judges generally lean toward awarding spouses durational alimony, there are situations in which they still award permanent spousal support awards.