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Category Archives: property distribution

Division

Dividing Debts During Divorce

By Sandra Bonfiglio |

After deciding to get a divorce, a couple must go through the process of dividing their marital property. While most people associate this with dividing assets, such as real estate and funds held in a savings account, many are unaware that under Florida law, which requires couples to divide their property equitably upon divorce,… Read More »

Divorce4

How are Retirement Funds Divided in a Divorce?

By Sandra Bonfiglio |

Dividing assets is one of the most complex aspects of divorce. This is especially true for those with significant retirement savings, so if you are going through a divorce and your spouse is refusing to divide the contents of a retirement account, it is critical to contact a property division attorney who is well-versed… Read More »

Gift

Spousal Gifts

By Sandra Bonfiglio |

In Florida, the assets of a divorcing couple are generally subject to equitable distribution. This applies to almost all types of marital property, even gifts between spouses. Unlike gifts given to one spouse by a third party, which usually remain in the sole ownership of the person who received them, spousal gifts are not… Read More »

HiddenAssets

High Net Worth Divorces

By Sandra Bonfiglio |

Going through a divorce is one of the most difficult things that a family can endure and while the process is always difficult, it is made even more so when the couple in question has a number of valuable assets. These types of high net worth divorces usually require the deft hand of an… Read More »

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 »

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