If you think that the time has come for you to end your marriage, or are already going through the process of divorce, you might face diverse challenges on a daily basis. From explaining the situation to children to dealing with the emotional strain that divorce can bring, it is important for you to stay focused and try to prepare yourself for any obstacles that could lie ahead. However, the distribution of marital property can be an especially tough issue for some people to work through. By reviewing the laws in Florida and bracing for the financial impact of divorce, you might find yourself in a better position to handle the changes and move forward.
Divorce and the division of property
Why is child support so expensive?
One of the most fractious elements of a Florida divorce is ongoing child support payments. Often, the noncustodial parent feels frustrated, believing he or she is over-paying while the other parent is taking advantage of that support. When you consider what child support is really meant to provide, however, there is little to argue about.
Is medical debt still the main cause of personal banruptcy?
Medical debt is hardly an isolated issue in America. After all, millions who required various procedures and treatment now experience a different, financial type of suffering. The debt caused by medical bills affects countless Floridians, but will this trend ever come to a close? Some experts claim that this issue is hardly at its end, while others see the light at the end of the tunnel.
Estate planning is not a one-time event
As the first month of the new calendar year has now passed, many people are turning their attention to the upcoming tax season. However, Florida residents could also take the chance at this time of year to review their larger financial picture. Instead of focusing only on last year's taxes, now is a great time for you to look ahead and how you might develop or change your estate plan to put you and your heirs in a better financial situation.
