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Posts tagged "division of assets"

Are you a business owner? Consider the ramifications of divorce

In our last post, we talked about a complicated divorce scenario: when military members file for divorce. There are a lot of intricate processes and details that need to be covered when military members file for divorce, and there are also logistical hurdles that need to be cleared in order for the divorce to be processed and completed properly.

Gray divorce may mean rethinking retirement plans

Tampa residents who have gone through a divorce understand the huge impact it can have on your life, both emotionally and financially. Some divorces are relatively simple, and some can become more complex when extensive assets and children are involved.

Couples who own businesses together and divorce

Tampa residents who have decided to end their marriages understand the various difficulties and challenges that can accompany the decision. Not only are finances typically altered, relationships can be forever redefined. Rarely does everything stay the same.

Possible factors emerge explaining high rates of "gray divorce"

Tampa residents probably know that divorce can happen to any couple, at any time. As recent studies suggest, even older couples are rapidly turning to divorce. In the past 20 years, "gray divorces," which includes couples age 50 and older, have doubled, and the numbers show no signs of slowing. Noting a significant increase in gray divorce statistics, psychotherapists, sociologists and psychologists alike are attempting to decode the reasons and possible contributing factors as to why numbers are so high.

Celebrating the completion of divorce a rising trend

Tampa residents considering divorce may find it difficult to see light at the end of the tunnel. The divorce process can be filled with legal documents, paperwork and sometimes painful memories. However, some companies are looking to turn the completion of divorce into a means for celebration.

Financial savvy important leading up to divorce

Florida couples ending their marriages often face complex asset distribution. Financial preparation is essential in making divorce as smooth as possible. Managing the finances can be a difficult skill to learn after a divorce. In many marriages, one partner assumes the job of paying taxes and bills and budgeting. The partner who has not been taking an active role in financial planning runs the risk of overspending if he or she is not financially literate.

Division of assets of fine art in divorce proves difficult

Florida couples with significant assets sometimes do not consider how those assets should be divided in the event that their union does not work out. Couples considering dissolution of marriage should be aware that some assets are easier to divide than others.

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