As one-half of a Florida high-asset couple seeking a divorce, you may fear that your spouse is hiding marital assets in order to deprive you of that which is legally yours and enhance his or her own post-divorce financial situation. Unfortunately, spousal marital asset hiding represents a rather common form of financial fraud practiced by a surprising number of vindictive and/or greedy spouses.
Even when it comes as a relief, the divorce process can be difficult to handle both psychologically and logistically. While some complications may prove impossible to avoid, there are several ways you can make matters easier for yourself and for your children.
As a divorced Florida parent, you should know the law regarding post-divorce relocations with your child(ren). Section 61.13001 of the Florida Statutes provides that you must obtain court permission to move more than 50 miles from your current residence. Therefore, for instance, if you get a promotion at work that requires you to move to another state, you will need to petition the court for permission to do so.
Divorce at any age can be emotional. Not only are you faced with the task of dividing marital property you have accumulated during the marriage, but there are financial issues that must be addressed before the final settlement is approved. This can be especially difficult if you are over the age of 50 years. Although you may believe that the longer you stay married, the less likely you are to file for divorce, a study initiated by Bowling Green University shows differently. According to researchers, the rate of people over the age of 50 who are filing for divorce is steadily increasing. While only one in ten people in this age bracket filed for divorce in 1990, one in four filed in 2009 and the numbers have risen. It is predicted that the number of post 50-year-old divorces could reach 800,000 by 2030.
When you and your spouse get a Florida divorce, the law requires that you divide your marital property fairly and equitably between you. But what exactly does “fair and equitable” mean? Unfortunately, no clear-cut definition exists. What may be fair and equitable for one couple could be completely unfair and inequitable for another.
Separating from your one-time partner is almost never easy or seamless, but it can prove even more complicated when the two of you share children. While some couples are able to easily navigate co-parenting relationships, others have a tough time doing so, and in extreme cases, one parent may make efforts to try and turn a child against the other parent.