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July 2019 Archives

How the property division process affects retirement savings

When a Florida couple makes the decision to move forward with divorce, it will eventually lead to financial adjustments that will impact various areas of their lives. This includes retirement savings. Money and assets earned acquired over the course of the marriage is likely considered marital property, which means it is subject to equitable division. A person may want to learn more about what the property division process will entail for one’s specific situation.

Never assume ownership in property division proceedings

When a Florida couple files for divorce, they must resolve numerous issues before the judge overseeing the case can issue a final decree. If the couple has children, matters of custody, child support and visitation may be in question. In all divorce cases, property division proceedings take place to determine who gets what and who will be held financially responsible for any debts in existence at the time.

How prenuptial agreements may benefit couples of all ages

When a Florida couple walks down the aisle, it is with the expectation they will live happily ever after. In many cases, however, this couple will divorce at some point in the future, and it is possible that a costly and stressful battle over marital property will ensure. This is one reason why many couples, regardless of income level or age, will find it beneficial to draft prenuptial agreements.