Even an amicable divorce in Florida may quickly become contentious when asset division begins in earnest. One partner may have a sentimental attachment to some items, or both parties may each simply feel they have a right to ownership of certain assets. One couple is currently in a property division battle over an art collection believed to be worth more than $700 million.
Divorce is a tough process, both emotionally and financially. Florida lawyers saw a rush of people trying to finalize divorces before the end of 2018 to take advantage of certain tax benefits.
For a spouse going through a divorce, it can feel as though there is no light at the end of the tunnel. Not only do Florida spouses have an enormous list of items to address as a divorce moves forward, they also have little time to think about anything else. Factor in the many uncertainties that come with such a big life decision, and it's not surprising that divorce is among the most stressful experiences anyone can have.
Marriage advocates may be encouraged by recent data showing a marked decline in the rate of divorces in Florida and across the country. In less than a decade, the divorce rate dropped 21 percent. Some family law analysts predict the trend will continue downward in the years to come. However, those same analysts caution that the slowing divorce rate may not mean more couples are madly in love as much as it relates to the fact that more couples are taking their time before taking the plunge.
Far too many couples think about prenuptial agreements as nothing more than the outline for an eventual divorce. In reality, these documents serve many more purposes and can even help prevent a divorce from taking place. Sitting down with a marital agreements lawyer can be as beneficial as couples counseling for many in Florida.