Getting divorced at any age can be tricky from a financial standpoint. However, the outcome of a divorce that occurs later in life in Florida can have a drastic impact on whether a divorcee is able to retire or live out his or her golden years as expected. A couple of tips may help with dealing with the finances during this type of family law proceeding, particularly when it comes to splitting assets.
For many older couples, squabbling over the family home is not as much of an issue. After all, many are prepared to downsize at this stage of life anyway, now that the children are out of the home. An older couple may simply sell their house and divide the proceeds.