At Mindful Divorce, P.A., we understand how overwhelming and emotional the process of divorce can be. Divorce doesn’t just mean separating from a partner but involves dividing assets, managing finances, and often figuring out how to move forward in life.
For wives, it can sometimes feel even more uncertain, especially when trying to understand what you’re entitled to. In this article, we’ll explore the key aspects of what a wife may be entitled to during a divorce in Florida, based on Florida law.
Equitable Distribution of Assets
One of the most common questions we hear is, “How will our property be divided?” Florida follows the principle of equitable distribution, which means the division of assets aims to be fair, though not always 50/50. This process looks at the assets acquired during the marriage, also known as marital property, and separates them from any separate property that either spouse owned before the marriage. Separate property includes things like inheritances, gifts, or assets you brought into the marriage.
Here’s a quick breakdown of what might fall under marital property:
- Your family home or other real estate
- Vehicles
- Investment accounts or retirement funds
- Any business interests that developed during the marriage
- Joint savings or checking accounts
While this might seem straightforward, the division can become complicated. The court takes into account each spouse’s contributions (both financial and non-financial), their economic circumstances, and future needs. For instance, if one spouse stays home to care for the children or manages the household, this contribution is recognized and valued.
Alimony (Spousal Support)
Alimony, or spousal support, is designed to provide financial assistance to a spouse who may need help adjusting to life after the divorce. This is particularly important if there is a significant difference in the incomes of both spouses. Florida offers several different types of alimony, depending on the specifics of the marriage:
- Bridge-the-Gap Alimony: This short-term support helps the receiving spouse transition to a single life. It’s intended to cover temporary expenses and can’t last more than two years.
- Rehabilitative Alimony: If you need additional time to gain skills or education to become financially independent, rehabilitative alimony provides support while you pursue that goal.
- Durational Alimony: For marriages of moderate length, durational alimony provides support for a set period, often based on the length of the marriage.
Courts consider a variety of factors when determining alimony, including the length of the marriage, each spouse’s earning capacity, the standard of living during the marriage, and even the age and health of both spouses. It’s important to remember that alimony isn’t guaranteed in every divorce, but it’s a significant part of many cases.
Child Support
If children are involved, child support is often a central part of the divorce. The primary goal of child support is to ensure that both parents contribute to their children’s financial well-being. In Florida, the amount of child support is determined using a statutory formula. This formula takes into account the incomes of both parents, the number of children, and the time each parent spends with the children.
For example, child support could be higher or lower based on how many overnights the child spends with each parent, childcare costs, and other related expenses. It’s also important to note that establishing paternity is a critical step in ensuring child support obligations if it’s in question.
Over time, if circumstances change—like income or living arrangements—child support orders can be modified.
Parental Responsibility and Time-Sharing
When it comes to children, Florida courts prioritize “shared parental responsibility.” This means both parents are expected to have an active role in their child’s life. Parents are encouraged to cooperate and develop a parenting plan that outlines time-sharing schedules, decision-making responsibilities, and other important aspects of parenting.
It’s essential to understand that the court will always act in the child’s best interests when approving or establishing a time-sharing plan. In many cases, parents will work together to determine what’s best, but when they can’t agree, the court steps in to make a decision.
Additional Considerations
Divorce can also bring up several other questions that might not be top of mind but are important to address:
- Division of Debts: Just like with assets, marital debts are divided equitably. This could include credit card debt, loans, or mortgages accumulated during the marriage.
- Health Insurance: After the divorce, you might need to explore options like COBRA or getting a new plan through your employer.
- Attorney’s Fees and Costs: In some cases, the court may order one spouse to contribute to the other spouse’s attorney fees, depending on financial need and the ability to pay.
- Non-Monetary Contributions: Courts also consider non-monetary contributions, such as one spouse being the homemaker or raising children while the other spouse focuses on career growth.
Navigating Your Florida Divorce with Clarity and Confidence
Remember that each divorce case is unique, and outcomes can vary based on individual circumstances. At Mindful Divorce, P.A., we are here to help you understand what you’re entitled to and ensure that your rights are protected every step of the way. We offer transparent, fixed-fee divorce services so you know upfront what the costs will be—eliminating the stress of hourly billing. Our goal is to help you navigate the process with clarity and confidence, empowering you to make informed decisions.
If you have any questions or want to discuss your specific situation, we invite you to contact us at (561) 537-8227 for a free consultation. Let’s take the first step together toward your future.
