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Category Archives: property distribution

GrayDiv

How are Retirement Funds Divided During a Divorce?

By Sandra Bonfiglio |

Some of the most difficult decisions that a divorcing couple will have to deal with involve the distribution of their assets. In Florida, all property acquired during a marriage is considered to be a marital asset and so belongs to both parties. While most people know that this includes real estate, income, and personal… Read More »

CreditCardFraud

Dividing Credit Card Debt

By Sandra Bonfiglio |

It’s not uncommon for couples to accumulate not only assets, but also debt during their marriage. Unfortunately, the process of dividing marital property and debts is often much more difficult than accumulating it, so if you are going through a divorce and have questions about how much debt you will be responsible for paying… Read More »

DivHouse

Who Gets the Family Home in a Divorce?

By Sandra Bonfiglio |

It is not uncommon for both parties involved in a divorce to have an emotional attachment to the family home. This can make the decision of who gets to continue living in the residence one of the most contentious divorce-related issues encountered by many couples. Although it is possible for both spouses to remain… Read More »

Gift

Interspousal Gifts

By Sandra Bonfiglio |

When a couple is unable to come to an agreement about the division of certain assets, family courts will step in and divide the parties’ marital property equitably. Equitably, however, does not always mean that the assets will be divided equally, as courts take a number of different factors into consideration before making a… Read More »

DivorceMoney2

Marital Property vs Separate Property

By Sandra Bonfiglio |

In some situations, property division is the most difficult part of a divorce, especially for couples who do not have a valid prenuptial agreement in place or who are unable to come to an out-of-court settlement. In these cases, it is often necessary for a court to step in and divide the property in… Read More »

Division

The Importance of Proper Asset Valuation

By Sandra Bonfiglio |

One of the easiest ways to divide marital property during a divorce is to come to an out-of-court agreement. Unfortunately, this is not always possible, in which case, a court will be required to step in and divide the property fairly, or equitably between the parties. However, this does not necessarily mean that assets… Read More »

LadyJusticeRings

The Complications of High Asset Divorces

By Sandra Bonfiglio |

When going through a divorce, the process of dividing property, assets, and other personal belongings can result in a stressful and contentious situation. It is likely that there are certain pieces of property that both parties desire and are reluctant to relinquish control of. This dilemma is often taken to a new extreme during… Read More »

DivMoney

How to Ensure a Fair Divorce Settlement

By Sandra Bonfiglio |

Each year roughly, 80,000 couples go through a divorce in the state of Florida. When a marriage is on the brink of collapse, several things may begin to take place. In certain cases, one of the individuals may scramble to try to save the relationship; meanwhile, in other instances, one or both partners may… Read More »

DivDocument

Distribution of Wealth During A Divorce

By Sandra Bonfiglio |

One of the main concerns individuals face when going through a divorce is ensuring that they are being treated fairly during the allocation of financial resources. People are well aware of the common narrative of a couple going through a divorce and one person taking “all” their ex-spouse’s money. While this may be a… Read More »

Division of Property in Marital Dissolution in Florida

By Sandra Bonfiglio |

In the state of Florida, the first step in dividing property during a dissolution of marriage is to identify and separate out each spouse’s non-marital assets and liabilities. Once this is done, the court will have a clear view of the assets and liabilities which are to be divided between the couple. As a… Read More »

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