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.

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How a Florida divorce can impact your retirement

Not so long ago, divorce was seen as something pursued by younger couples, while those who were at or past the age of retirement were less likely to end their marriage. These days, however, divorces among older adults is increasingly common. More older Americans seek freedom and a fresh start as they begin to enjoy their golden years.

3 things to consider for your gray divorce

No two divorces are the same. For example, a divorce between a young couple still in college is going to be much different between a retired couple in their sixties who own property in Naples. This is why there are special things you should consider if you are headed for a gray divorce.

Protect what’s yours during divorce

If you are contemplating divorce, you may be worried about your financial future. You know you could be losing a significant portion of your marital assets, including up to half of your retirement account, your home in Naples and anything else that you acquired during the marriage. These worries are not uncommon among women facing divorce.

How are retirement accounts handled in a Florida divorce?

Other than your primary home, your retirement account could very well be your biggest asset. Particularly if you or your spouse are nearing retirement age, these accounts may be well-funded and represent a substantial portion of your income over the course of many years. If you are thinking about divorcing, you may worry about the potential impact on your retirement.

Divorce and retirement assets: What you need to know

One of the most complicated parts of dividing marital property is splitting up retirement accounts. Some property is easier to divide. For example, maybe you will take the dining room set and he will take the living room furniture. Other property, such as your Naples home and investment accounts, requires complicated calculations performed by appraisers and accountants before you make any decisions regarding division.

How Child Support Is Determined In Florida

Every state handles divorces a little differently. In the state of Florida, the courts create what is called a parenting plan. A parenting plan encompasses all of the critical components of co-parenting and custody, including visitation and shared custody time, child support amounts and other special considerations like the division of holiday time.

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