Divorce is a difficult time in any person's life, no matter how amicable the separation. When it comes to Florida divorce laws, there are many different rules and regulations that can be overwhelming for many people. While things like child support have very straightforward guidelines, alimony is decided by the Courts. A knowledgeable and skilled lawyer is a great asset when navigating Florida divorce laws.
We find the acronym P.E.A.C.E. useful to outline the various elements of a divorce. It stands for: Parenting issues, Equitable distribution, Alimony, Child support and Everything else.
Keep reading this article to learn more about the components of P.E.A.C.E.
How to Manage the Five Elements of Divorce – P.E.A.C.E
As mentioned above, there are various aspects that go into divorces in Florida. Developing the acronym P.E.A.C.E was a valuable tool to help families process each separate element of divorce.
P – Parenting Issues:
This is a combination of parental responsibility and time-sharing, included in a document called a “Parenting Plan”. This is the most important consideration in a divorce if it involves children.
E – Equitable Distribution:
Equitable distribution in Florida is the division of marital assets and debts. Determining what assets and debts are marital can be a time-consuming process. This component of divorce can often be more complex than some make it out to be. We would highly recommend hiring an attorney to argue for your best interests.
A – Alimony:
Determining whether a divorce case is an alimony case or not is the next step in the process. If the divorce case is an alimony case, your attorney will discuss what alimony is reasonable or appropriate. This not only includes an amount of money but determines the duration of alimony payments as well.
C – Child Support:
If children are involved in a divorce in Florida, child support payments are then determined by using the formula set by Florida law. Factors such as each parent's income, healthcare costs, childcare costs, and the number of overnights that each parent is getting determine what child support will look like for a given family.
E – Everything else:
These are all the other small details that will need to be carried out to finalize a divorce. Things such as name changes, required paperwork, taxes, etc., are part of this category.
If you and your spouse are considering divorce, our skilled attorneys at Family Matters Law Group can provide solid legal guidance and support. Contact us today to discuss your specific needs.