When a Florida couple seeks a divorce, they may become involved in property division proceedings that might become complicated, depending on certain factors. However, a recent article discusses some basics of the process that might be beneficial to some readers.
Florida couples that plan to divorce later in life might wonder how to do it without jeopardizing their retirement. This issue has become more prevalent as the divorce rate rises among baby boomers. The rate among couples over the age of 50 used to be approximately 10 percent. Over the past 20 years, however, that number has increased to nearly 25 percent. It is now more important than ever that baby boomers learn how to protect their finances.
Florida residents may have heard postnuptial agreements are on the rise. Postnuptial agreements are similar to prenuptial agreements, but they are completed once a couple is already wed. The agreements can cover a lot of ground, but they are often used to stipulate the potential division of assets and property.