IF YOU ARE considering divorce, you’ll need to start thinking about the documents you will need to gather to be in compliance with Florida’s “mandatory disclosure” requirement. In Florida, the courts requires each party to a divorce to fully disclose his or her financial information to the another. Many people are confused by this and ask: […]
Florida Alimony Reform Update
OVER THE PAST few years, advocates of alimony reform have been lobbying aggressively to change Florida’s alimony laws. The biggest concern among advocates for reform appears to be that Florida law still allows for lifetime, permanent alimony. Reform advocates argue that such permanent, lifetime alimony can be detrimental to the paying party, particularly as the paying […]
Divorce and Money: The Not-So-Grand Truth
YEARS AGO I saw a bumper sticker that said: “Love is grand. Divorce is $20 grand.” This saying always springs to mind when I hear couples headed for divorce because of financial troubles. Sadly, divorce not only does not solve money troubles, it usually makes them worse. A settlement agreement is between the parties to the […]
Do’s and Don’ts When Filing Mandatory Financial Affidavits in A Florida Divorce Case
FLORIDA LAW requires parties to a divorce action to disclose to each other complete and accurate financial information. This is called “Mandatory Disclosure,” mandatory being the operative word. Disclosing your finances is not optional; it is a “must do.” Not only is it mandatory to disclose all your financial information, each party must actually swear the […]
Unemployed Spouse and Income
[et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”left” text_font_size=”14″ use_border_color=”off” border_color=”#ffffff” border_style=”solid”] FOR YEARS, your spouse worked and made a good income—enough to support the family. Now you are divorcing, he or she has decided to quit his or her job. Or perhaps your spouse got laid off and can’t find comparable work. Maybe your spouse […]