How Much Would An Annulment Affect Your Finances?

divorce lawyer Orlando FLAn annulment, like a divorce, is a legal process for the termination of a marriage. The difference is that in an annulment, the marriage is deemed as if it never existed in the first place. However, to get an annulment, both spouses would have to show compelling proof that their marriage was never valid.

The grounds for an annulment may vary from state to state, so spouses would have to go through the state laws before identifying if their situation qualifies for an annulment.

Typically, an annulment may affect:
  • An income stream – typically alimony.
  • Real estate properties.
  • Pensions.
  • Personal property.
  • Debts.
  • Mortgages.
  • Credit cards.
Support in Annulments:

In the majority of family law cases, support usually falls into either spousal support or child support. This also applies to annulments as well. Protecting children is a priority for all family courts. With that being said, financial support of the child is a must for every parent. Every state’s courts address child support. This applies to every parent whether the parents are married, divorced, or single. Children are always the responsibility of their parents, regardless of what their marital status is.

When it comes to alimony, however, since the marriage never existed, spousal support shouldn’t be an issue the courts would address.

An annulment’s financial aspects can be complex. It is essential to consult with the best possible divorce lawyer Orlando FL to address your needs. That way you have a professional by your side to help guide you through the entire procedure.

If you’re looking for the best Family Law Firm in Orlando, Florida, No name is the place for you. At our Law Firm, we guarantee clients are assigned with professional, experienced, empathetic, and loyal attorneys to make sure client cases go in the right direction for optimal outcomes. Contact No name for a consultation now!