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divorce Archives

Why financial education before divorce matters

Have you and your spouse in Florida been at odds for some time? Have you finally decided that your marriage is over? If so, this decision may find you unsure of what steps to take to prepare for your divorce. You might also be a bit afraid of how the experience will impact you financially. The best way to prepare yourself for a solid financial life after a divorce is to learn as much as you can about your financial situation before your divorce.

Divorced? Don't forget to update your estate plan

Have you and your spouse recently separated or finalized a divorce in Florida? If so, you know the magnitude of these events on your life. It is all too easy to get overly focused on the things that require your immediate attention during a divorce. These include identifying how you and your partner will split assets, how you will assign responsibility for joint debts, how you will share time with your kids and more.

Post-divorce health insurance coverage under COBRA

Most in Sarasota may expect that a divorce will have a financial impact on their lives, yet few may truly comprehend just how extensive that impact may be. One area that many fail to consider when previewing their post-divorce life is healthcare. While the number of single-income families has been on the decline in recent years, the Bureau of Labor Statistics shows that as of 2018, 4.3 million American households have only one family member that works. In such situations, a divorce could leave the non-working spouse concerned about how they will be able to afford their own healthcare once their marriages end. 

Should you fight to keep your full 401k?

Your divorce in Sarasota will no doubt prompt a good deal of emotion, and often that will come into play when making decisions throughout the process. There may be instances where such feelings help in making wise choices, and others where it could potentially cloud your judgment. Where the potential exists for the latter to occur, you will want to carefully consider every option to ensure that you are doing what is best for you. 

Funding college for kids after a divorce

For many parents in Florida, it is a dream for them to send their children to college. A higher education degree is often associated with the opportunity for a better future than perhaps what the parents may have had. When a couple makes the choice to get divorced before their kids reach the age of applying for college, it can be helpful to discuss their approach to funding a college education when the time comes.

What are signs a spouse might be hiding money?

If you are a married person in Florida and concerned about the future of your marriage, you may have noticed some differences in how your spouse has been behaving for a while. These differences may be directly related to the future of your marriage but they may also be important to you financially. Divorce, like marriage, is an event that may have significant financial repercussions for both parties. In some marriages, one spouse might try to stash away assets before commencing a divorce to avoid some financial loss down the road.

A look at divorce after 50

Certainly, there are many young single people or families with young children who live in Florida but the state is also known for being a favored place for older people to move to in their retirement years. This, in turn, makes the topic of divorce after the age of 50 quite relevant for Floridians.

Signs a divorce is on the horizon

If you are consistently unhappy with your spouse in Florida, this is a good indication that divorce may be in the future. However, there are other signs that may or may not be as obvious. If you catch things early on, you both may be able to make changes to help save the marriage.

Ending a marriage due to narcissism

There are a wide variety of reasons why a couple’s marriage may fall apart. From affairs or a track history of abuse to falling apart and finding new partners, marriages are brought to an end for many different reasons. In certain instances, the divorce process can be particularly challenging because of a partner’s personality and difficult behavior. For example, someone who is a narcissist may make the divorce process especially tricky for their partner. Furthermore, some marriages come to an end solely because of narcissism and other examples of incompatibility.

How can you build emotional stamina during divorce

Divorce is one of those circumstances in life that can require you to have to completely reassess how you have always done things. When you began the process of separating from your spouse in Florida, you may have never anticipated the emotional toll that your decision would take in the days and months afterward. However, with your efforts to work through the process in a manner that is healthy and productive, you can eventually build and increase your emotional stamina and continue to stay focused on improving your life. 

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Schipani and Norman, P.A.
1605 Main Street, Suite 1110
Sarasota, FL 34236

Phone: 941-549-8981
Fax: 941-366-7331
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