Recovering Financially From A Divorce In Pinellas County

There are a variety of resources that can help you recover emotionally in the aftermath of a divorce. Visiting a therapist, talking to friends or family, joining a support group, and online resources can all help you in coming to terms with what happened and build a strong future. However, it is important to not overlook your financial recovery, which can have a major impact on your overall well-being. Our Seminole divorce attorney explains practical steps to take and ways in which we can help.

Protecting Your Financial Rights In A Divorce

Filing for a divorce through the Pinellas County Family Court can have a devastating impact on you financially. Going from two incomes to one is always challenging, as is assuming all of the costs for housing, food, clothes, and other items you need. It can be particularly devastating if financial matters in divorce are not properly addressed.

Reviewing the specific details surrounding your case with our Seminole divorce attorney helps to ensure you are protected. We work to get you the maximum amount you are entitled to a divorce settlement or final order. This includes defending your rights when it comes to the following:

• Division of marital property and assets: Under the Florida Statutes, marital property and assets are divided on an equitable basis in divorce. This means you are entitled to your fair share of any homes, vehicles, household belongings, personal items, money in bank accounts, investments, and shares in businesses accumulated during your marriage.
• Spousal support: If you make significantly less than your spouse, or if you sacrificed your own career or education for the sake of the marriage, you may be entitled to spousal support payments, otherwise referred to as alimony. These can help you maintain your current manner of living while rebuilding your career.
• Child support: if you have children from the marriage, child time-sharing arrangements are generally encouraged. Depending on the terms of your parenting plan, you may be entitled to child support payments.

Reclaiming Your Financial Independence

Getting the maximum amount you are entitled to in your divorce plays a big role in ensuring financial recovery after a divorce. Other steps you can take to help reclaim your independence include:

• Make a budget, detailing your income and necessary expenses;
• Put whatever amount you can into a savings account;
• Consider whether obtaining additional skills would help to increase your income;
• Open up a credit card or take a small personal loan and make regular payments to rebuild your credit;
• If you are nearing retirement age, consider whether you may be entitled to spousal benefits through the Social Security retirement benefits through your former spouse.

Request A Consultation With Our Pinellas County Divorce Attorney

For trusted legal guidance in getting the maximum amount you are entitled to in a divorce settlement or final order, reach out to the Reep Law Firm. Our Seminole divorce attorney takes the actions needed to help you make a full financial recovery. To request a consultation, call or contact our office online today.

Sources:

mypinellasclerk.org/Home/Family

leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0000-0099/0061/0061.html

ssa.gov/benefits/retirement/planner/applying7.html