Wood & Associates, P.A.
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December 2016 Archives

Financial considerations at the end of long marriages

For older people who are going through a divorce in Florida, there are added considerations about their finances that they should consider when they are working on how to divide their assets. Many people at or over age 50 are choosing to divorce, and doing so may impact their ability to retire on time or to survive comfortably.

Reasons to have a formal child support agreement

More divorced Florida parents who have a formal child support agreement in place may be receiving assistance from the federal Child Support Enforcement Program, but fewer divorced parents overall have one compared to previous years, according to a study. Researchers found that in 2004, around 60 percent of eligible parents had such an agreement, but by 2014, the percentage had dropped to 49 percent.

Commonly overlooked reasons for a prenup

Florida residents may be interested to know that more couples than ever before are considering a prenuptial agreement before getting married. While many have traditionally shied away from prenups out of fear that it could strain the relationship before it has even begun, there are several good reasons to have one. Even a person with relatively few assets prior to the marriage could benefit from certain things being included in a prenup.

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Wood & Associates, P.A.
980 Airport Road, Suite A
Destin, FL 32541

Phone: 850-502-8978
Fax: 850-424-7468
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