When people work through the divorce process, there are a wide variety of mistakes that might be made along the way. However, those which are financial in nature can have a significant impact on those who have recently ended their marriage or are planning a high asset divorce. Our law firm understands the different pressures that couples working through a divorce may be facing, but if you are in this position it is important to pinpoint some of the different financial errors that should be avoided.
Avoiding divorce-related financial mistakes
Managing a serious illness during divorce
All sorts of hurdles can make your life even more tricky during divorce, whether you are having a hard time explaining the changes to your children or are worried about how your life will change as a result of parental relocation. However, you could be facing health issues, such as a serious illness, that can make the end of marriage even more challenging. We know how upsetting this can be and believe that people who are going through this should do whatever they can to prevent their illness from having an unfair impact on the outcome of their case, whether someone is involved in a custody dispute or any other family law matter.
Talking to your relatives about divorce
We know that deciding to end your marriage can be challenging for an array of reasons. On the one hand, you may struggle to adjust to the new direction your life is taking, or you may be unsure of how splitting up with your spouse will affect you or your children. From financial issues to emotional pain, splitting up with a marital partner can be incredibly tough. Moreover, you may be unsure of how your family will take the news that your marriage is coming to an end or struggle with explaining other family law issues to your relatives, such as child support.
When divorce gets complicated
If you've decided to get a divorce, and you've talked to friends and family about it, you're probably receiving unsolicited advice from a lot of different people. However, even if your friends providing you with advice have been through a divorce before, it's important to note that no two divorces are the same. Some divorces are much more complicated than others -- especially when they involve high-value assets, spouses with unequal incomes and children.
Reviewing some advantages of joint custody
Working through child custody issues can definitely be difficult, especially if both of a child's parents cannot reach an agreement. However, certain arrangements may offer each parent the protections that they are looking for. For example, joint custody could be viewed as a positive outcome for each parent, in some cases. At Fried and Fried, we fully understand how complicated and overwhelming custody issues can be, especially when parents find themselves in a dispute. If you are in this position and are unsure if joint custody is right for you, it could be beneficial to look into some of the benefits of joint custody.
Do prenups indicate a lack of trust?
Couples may encounter many different stressors when it comes to marriage and divorce, from wedding planning to raising children. For some, prenuptial agreements raise a number of questions. Whether you are thinking about talking to your fiance about a prenuptial agreement, or your future marital partner has asked you to sign a prenup, you may be wondering whether or not this is the right path forward. At Fried & Fried, we know that some couples who are engaged in Florida worry that prenuptial agreements indicate there is a lack of trust in the relationship, while others may have additional concerns.
