Financial Disclosure and Divorce

Financial Disclosure and Divorce

Introduction Divorce can be a complex and emotionally taxing process, especially when it comes to the division of assets and finances. In Florida, as a divorce mediator, I've observed that a critical step in achieving a fair and amicable resolution is the process of financial disclosure. This article aims to guide you through the importance of financial disclosure in divorce mediation and how to approach it effectively. Understanding Financial Disclosure Financial disclosure involves the exchange of complete and accurate information about each party's financial situation. This includes income, assets, debts, and expenses. In Florida, financial disclosure is not just encouraged...Read More
Seven Ways Alimony Reform Will Affect Divorcing Couples in Florida

Seven Ways Alimony Reform Will Affect Divorcing Couples in Florida

The Alimony Reform Bill in Florida, effective July 1, 2023, eliminates permanent alimony and sets clear,  definitive guidelines when considering and calculating the amount of alimony in Florida. Before alimony reform passed in Florida alimony, there was no fixed formula. Alimony reform applies to all initial petitions for dissolution of marriage or support unconnected with dissolution of marriage pending or filed on or after July 1, 2023. Alimony, or spousal support, is a legal obligation on a person to provide financial support to their spouse before, during or after divorce. The obligation arises from the divorce laws of each state....Read More
Florida Divorce Trends: The Role of Divorce Mediator in Resolving Disputes

Florida Divorce Trends: The Role of Divorce Mediator in Resolving Disputes

Divorce is a difficult life period for everyone involved. Spouses and their families (especially children) often carry the emotional burden of separation for the rest of their lives. Florida divorce rates have consistently been higher than the national rates over the past decade.  Some of the reasons may be financial insecurity and unemployment to lack of communication to the COVID-19 pandemic-related challenges. In this blog post, you will learn about Florida's divorce trends over the last decade, the main reasons leading to a divorce in a Sunshine State, and the divorce mediator role in bringing conflict resolution and reconciliation between...Read More
The Loan Assumption in a Divorce

The Loan Assumption in a Divorce

Divorcing homeowners need to make informed decisions regarding the equity in the marital residence and mortgage financing opportunities during and after their divorce.   Mortgage financing options available to the homeowners must be adequately incorporated in the details and clarity of a marital settlement agreement.  It is important to identify divorce mortgage options and incorporate these options into the settlement agreement. Deciding where to live is an essential aspect of divorce. Some people want to stay in their family home, either because they are comfortable there or because they believe the transition will be easier for their children.  However, staying in...Read More
The Musical “Six”: What The Number Six Can Teach Us About Divorce

The Musical “Six”: What The Number Six Can Teach Us About Divorce

Divorced, beheaded, died, divorced, beheaded, survived. “Six” is a hit musical, a modern retelling of the lives of the six wives of Henry VIII presented as a pop concert. The Queens take turns singing and telling their story to see who suffered the most due to Henry and should, therefore, become the group's lead singer. We all know how Henry VIII’s wives died, but do we know anything about how they lived their lives? Each of these women were accomplished and strong characters, and this work gives them the opportunity to shine as they each deserved. It’s performed as a...Read More