During a divorce, Florida couples often tend to focus on what property they are going to receive when it comes to asset division. However, when dividing property in a divorce, future financial considerations -- such as whether a particular asset will be affordable -- need to take center stage. For instance, it is worth investigating whether a newly single person's budget can cover the upkeep on a particular asset, such as the marital home.
The parties may have the same incomes as they did during the marriage, but each will now likely be responsible for maintaining a separate household. A new budget will need to be created based on the fact that there will be fewer resources for the same types of expenses, such as housing, utilities and even groceries. This could change how a party approaches settlement negotiations.