Divorce can be a trying time, but it can also be the start of a new beginning, both emotionally and financially. To prepare for life after being a couple, divorcees in Florida have a number of things to consider as they embark on a new stage of their lives. After all, they may have less income to live on, and more financial obligations. Because of that, planning is essential. This post will explore several important elements.
The number of people divorcing after age 50 is increasing. Whether it is because of financial independence, couples growing apart or because children have left the nest, more people are finding that their marriages will not last. "Gray" divorces have unique legal and emotional issues. As such, they may not be resolved as quickly (or as easily) as other dissolutions.
Divorce already carries its own set of financial challenges; how to maintain two households on one budget, how to split marital assets, and debts should be dealt with. Divorcing during tax season can come with unanticipated, yet costly consequences. This can be especially troublesome for couples who are not well-versed with the tax code.
Long divorces are quite rare. But when they happen, they garner quite a bit of media attention. Kim Kardashian's divorce proceedings with Kris Humphries have lasted six times as long as their 72 day marriage. (Later this month, they will actually determine a trial date).
With the number of divorces traditionally initiated in January, the concept of collaborative divorce is not such a popular topic. Divorcing couples typically engage in a dance of veiled threats and subversive moves in an attempt to gain a tactical advantage in the proceedings. Not only is this an unproductive use of resources, it calls for a tremendous amount of emotional energy.
With this being our last post of 2012, we wanted to take time to thank our readers for making our blog successful. We take pride in providing helpful information and compelling commentary on family law issues. As we look towards 2013, we find it fitting to give some helpful tips to those who may be contemplating divorce. January is traditionally the month with the most divorces filed. With that said, people considering a split should be mindful of the following: