Long, Murphy & Zung, P.A.
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The Law Office of Long, Murphy & Zung, P.A. commits itself to providing unparalleled legal services in the practice of matrimonial and family law. To that end, our firm is inexorably committed to the highest ethical standards in amicably and equitably resolving family law disputes so that the welfare of the client, the family and society are enhanced.

Naples Family Law Blog

Quick guide to dividing your 401(k) during divorce

As you go through your divorce, it is easy to let the emotions overwhelm you. Despite the emotional hardships, it is necessary to make sound financial decisions about dividing property. If you have large and valuable retirement plans such as a 401(k), you must ensure that you handle them properly with your future in mind.

This is also an important subject because you are entitled to part of any 401(k) that your spouse holds, unless a prenuptial agreement states otherwise. So, how do you divide these valuable and complex retirement assets? Here are some tips about dividing retirement accounts.

How to strengthen marriages through postnuptial agreements

In a recent survey conducted by the American Academy of Matrimonial Lawyers, 50 percent of divorce attorneys noted that, since 2012, they have seen a marked uptick in spouses seeking postnuptial agreements.

These contracts were once viewed as a sign that marriage was going poorly. A spouse would, for instance, demand a postnuptial agreement from his or her partner as a punishment for bad behavior - in the wake of an affair, for example, or as a hedge against financial mismanagement. An article that appeared earlier this month in Harper's Bazaar, however, that postnups are increasingly being leveraged to save marriages.

Why is Florida's divorce rate so high?

According to a recent report by the Census Bureau, Florida holds the seventh-highest divorce rate in the nation. Roughly 50,000 couples file for divorce each year. More than 15 percent of the state's residents are divorced or separated. Of the 50 U.S. cities with the highest divorce rates, 11 are in Florida.

Why?

  • The Florida Bar board certified. Material & Family Law
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