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Fort Lauderdale, Florida, Complex Divorce Blog

8 tips to cut back on divorce stress

Does it feel like moving toward divorce is bringing a lot of unneeded stress into your life? It doesn't have to. There are ways you can manage your stress and make this process go as smoothly as possible. Below are eight tips that can help:

Take time for fun activities

Significant assets you may forget during divorce

Divorce leaves you dividing up your assets, and most people know about the biggest ones. These include bank accounts, homes, cars and investments.

However, there are many other assets people sometimes overlook or undervalue. Make sure you really know the value of your estate and what you deserve.

3 common postnuptial agreement mistakes to avoid

Signing a postnuptial agreement is a great way to establish the financial terms of your marriage even if you did not do so prior to being married. In it, you can stipulate asset division in the event of divorce or outline other financial details that you wish to legally establish. A postnuptial agreement is a great tool for spouses, but there are many mistakes that can render yours ineffective if you are not careful.

According to Bloomburg, postnuptial agreements are increasingly common among couples, so it is important to understand the common pitfalls that can sabotage yours. When in doubt, contact a lawyer to help you hammer out the legal details and ensure that both spouse's interests are addressed. 

You can commingle your home

Most of the time, when you hear people talk about commingled assets, they are referring to bank accounts and financial assets. For instance, one spouse may have $50,000 in a bank account when the two get married, but they spend the next five years putting both of their paychecks into that account and using it for joint expenses. That commingles the assets and means the entire account is now marital property, even though the spouse who opened it initially may well remember having the $50,000 to start.

It is important to note that you can do the same thing with your home.

3 things to consider as you plan your kids' post-divorce life

As you move closer to divorce, you start thinking about how you want to plan for your children's future. Life is going to be different for them after the split. You want it to go as smoothly as possible.

Here are three key areas to consider:

Get two home appraisals during divorce

If you and your spouse are getting divorced, one of your biggest challenges may be deciding how you are going to divide your home. The best way to get this process started is for both of you to set up your own home appraisal.

Having two appraisals done means you can feel confident in the results. It also means there are no questions about a biased appraiser. If the results are not exactly the same, you can find some middle ground. For instance, perhaps the first appraisal comes in at $260,000 and the second comes in at $240,000. You can split the difference and assume the value of the home is right around $250,000.

Can you get the wedding ring back in divorce?

You spent $10,000 on a wedding ring for your future bride. You got married. Seven years later, you're getting divorced.

You wanted to buy a sports car when you bought that ring. Now you want it back so that you can sell it, after the divorce, and use the money as a down payment. Can you get it back?

A peaceful divorce is possible

Deciding to end your marriage is a difficult choice. You may be feeling dread about the upcoming divorce process. There is a popular belief that all divorces are ugly and nasty. The truth is, a peaceful divorce is possible. 

If you split as amicably as possible, not only will you and your children feel better emotionally, but the process will also be faster and cheaper. Here are some important pieces of advice for having a cordial breakup.

Why do couples break up after decades together?

If you heard that someone had been married for 20 years, would you assume they were in that relationship for life? They made it through the infamous seven-year-itch, after all. Odds are, they won't get divorced. Right?

Not so fast. Studies have actually shown that gray divorce -- the informal term for these divorces happening later in life -- is becoming more and more common. Why is it that couples who lasted for decades decide to call things off?

Business owners may be more likely to divorce

Owning a business isn't easy. Neither is staying married. Some experts believe those two things go hand-in-hand, making it more likely that business owners will go through a divorce.

Part of the reason, they claim, is that marriage is supposed to bring a couple together for a shared life. A business that is only owned by one person naturally can get in the way of that, since it's not a shared goal. One person is often far more invested -- emotionally, mentally and financially -- than the other.

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