Anyone who's been through a divorce will likely readily admit that it takes an emotional toll on them. Ending a relationship with someone that you've been involved with is inevitably difficult. What you often don't hear, though, are stories about the financial toll that a divorce takes on them. It can take a pretty significant one on your credit.
Studies published in recent years have shown that Americans are getting married later in life than they used to. Some may wonder if they're doing this to protect themselves from being stripped of their valuable assets such as a business if they get divorced.
At least 50 percent of all married Americans get divorced. While most spouses are familiar with having to divide up property like furniture, cars, houses and other valuable assets during a divorce, few think about what happens with their digital assets. It's important to do so though. There are certain steps that you should take the minute you decide to divorce to protect your online reputation.
Have you made the choice to move forward with divorce? If so, you probably know that you are facing a legally and financially complex process. Even in the most amicable of divorces, the two parties will have to make difficult choices regarding things like a parenting plan, visitation schedule, property division and financial support. However, there is still more for you to think about.
Late last month, the Florida Family Law Reform Political Action Committee (PAC) announced their decision to support both House Bill 1325 and Senate Bill 1596. The group, which supports family law reform, is eagerly awaiting to see what changes are made to the way Florida judges award alimony.