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Property division may be jeopardized if approached with emotion

Because divorce is a complex and emotional undertaking, many people in Florida risk making mistakes that could adversely affect them for years to come. Instead of approaching the situation rationally, they may turn to friends who may serve only to stir up their emotions. As a result, they may jeopardize their financial future by failing to protect their rights during property division.

Divorce may be approached in the same manner as person would if closing a business deal. Anger, guilt or grief may cause a person to waive his or her rights to important terms, such as alimony or a fair share of assets. Such emotions may also cause one to feel indifferent about the possibility of hidden assets, the true value of common property or the tax consequences of a proposed settlement.

An emotional person may also wish to use the divorce proceedings to exact revenge on a spouse, for example delaying settlement to argue over property that has sentimental value to one's spouse. This type of behavior may end up depleting assets that should be divided and used for establishing a person's new life. Keeping one's emotions under control can prevent such wasteful actions.

Having an attorney to help through a divorce is essential. When a person is dealing with emotional trauma, he or she may rely on the experience and knowledge of a lawyer to assure that positive decisions are being made during property division. In Florida, those who are faced with the heartache and confusion of a divorce benefit from an advocate who will protect their rights and interests.

Source: CNN, "Top 10 Mistakes in High Net Worth Divorces", Joey Battah, Accessed on Jan. 1, 2017

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