Florida residents who are seeking a divorce may wish to know more about how retirement accounts are handled during the split. If the account is considered marital property, it could end up being evenly split between the couple.
Financial concerns are an indisputable part of ending a marriage that cannot be overlooked if one is to protect their future. Several money issues are often ignored or misunderstood by people in Florida, leading to a potentially weaker financial standing post-divorce than might have been necessary. Knowledge of errors to avoid might place a divorcing spouse in a better position when negotiating a settlement.