A recent report from credit.com shows one of the many reasons that some people are hesitant to get a divorce in Florida: cost. In order to initiate the divorce proceedings in our state, Floridians will pay $409. That is the most expensive filing fee in the nation. Right behind us is Minnesota at $402 and California at $395. It may not seem that bad until you hear that the filing fee in Mississippi is $52.
Although it’s likely one of the more tedious parts of divorce, property division is the component of divorce that is strongly tied to how a person is able to progress financially after the divorce. What a person leaves a marriage with will play a key role in their standard of living in the future.
Last week we discussed divorce trends among the young and old. While these numbers give us a better understanding of how many people are divorcing, it doesn’t explain why people are doing so. The ‘why’ of divorce is a much trickier question because it varies from couple to couple.
Many people getting divorced struggle with the complex and often complicated process of dividing property and assets. While it may seem difficult to negotiate and decide how to divide marital property and assets, it doesn't have to be.