Wood Law Firm
Expertise In Handling Matters Involving Military Personnel

Posts tagged "Divorce"

What to remember when settling a divorce

Florida estranged couples may be able to negotiate directly with each other to settle their divorce. This may be done privately or with the help of a mediator. Prior to entering negotiations, it may be a good idea for an individual to learn more about his or her rights and responsibilities after the marriage ends.

Digital devices, stalking and divorce

Stalking can be a serious problem for some people in Florida who get a divorce. In the age of smartphones and digital trackers, it can be even more intrusive. A Justice Department survey found that 3.3 percent of people who were divorced or separated reported experiencing stalking, which is more than twice the 1.5 percentage of the total population that reported it.

Steps to take in divorce preparation

Certain times of the year, such as the end of summer vacation and the new year, are times when divorce rates spike. People in Florida that are considering divorce can take steps to prepare. For example, they will need to have their financial paperwork in order. This may include ordering a credit report and gathering tax returns, end-of-year pay stubs, bank statements and credit card bills.

Bitcoin assets in a divorce

People in Florida who are getting a divorce may need to divide property such as a home or a bank account. However, one person in a couple might also own assets in the form of bitcoins.

Marriage dissolution and the holiday season

"We wish you a merry Christmas and a happy divorce," is a holiday greeting that many Florida couples would rather not hear, but it is a reality for those who filed for dissolution of marriage before December. Even an amicable divorce filing may not be finalized before the end of the year due to reduced staffing at the county courthouses, and thus it is up to each spouse to deal with the prospect of spending the holidays with their divorce looming.

Retirement savings are a critical asset in divorce

Retirement savings are a critical asset to many people in Florida, including those going through the end of a marriage. Divorce can carry with it an array of strains, including the visible emotional and psychological stresses caused by a split. However, another important element in a divorce is the financial aspect and the division of property between the spouses. There are many types of marital property that can be subject to distribution in a divorce, from retirement savings accounts to investments or real estate.

Smart financial moves to make in a divorce

Florida residents or others who get divorced in their 40s or 50s may face unique financial challenges. For instance, living on one income late in life may require an individual to rethink their retirement plan. It may also be necessary for those who may not have experience in the workforce or managing their own money to forge their own financial future.

When divorce is better for the children

Florida parents might be considering putting off their divorce because they are concerned about how it might affect their child's emotional state or even the likelihood that their child will attend college. Studies show that a child of divorced parents may also be more likely to get a divorce. However, there may be some cases in which getting a divorce is the right decision.

Divorce rates for young people

Many Floridians end up divorcing before they have reached age 40. Some individuals even divorce in their 20s. States with the highest divorce rates among individuals younger than 30 are primarily located in the Deep South.

Reasons why couples divorce

Some of the most common reasons for divorce are money problems, infidelity, addictions, incompatibility and "irreconcilable differences". Florida is a no-fault state, meaning that people seeking a divorce do not have to allege a particular reason why they are doing so, only that they no longer wish to be married.

Contact us today

Wood Law Firm
980 Airport Road, Suite A
Destin, FL 32541

Phone: 850-502-8978
Fax: 850-424-7468
Destin Law Office Map

Pay Your Invoice with LawPay