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Category Archives: property distribution

DivHouse

Commingling Your Home

By Sandra Bonfiglio |

Florida is an equitable distribution state, which means that in the event of divorce, a couple’s assets will be divided equitably between the two parties. Although many people interpret this as meaning that a couple’s property will be distributed equally, the reality is that Florida law only requires that the assets be divided fairly…. Read More »

GrayDiv2

Is My Pension at Risk?

By Sandra Bonfiglio |

When many people think of dividing assets during divorce, they imagine splitting up bank account funds, personal possessions, and possibly the family home. While these kinds of assets do generally need to be divided and distributed upon divorce, the fate of some lesser known assets must also be addressed. Pensions, in particular, are an… Read More »

BankrDiv

The Importance of Obtaining an Accurate Home Appraisal During Divorce

By Sandra Bonfiglio |

Couples who decide to dissolve their marriages must grapple with a host of issues upon divorce, including how their marital assets will be divided. While splitting up the contents of bank accounts or personal possessions can be a relatively simple process, deciding who will retain the family home is almost always more difficult. In… Read More »

Gift

Who Gets the Engagement Ring After Divorce?

By Sandra Bonfiglio |

While many couples agree that a former spouse can keep an engagement ring, even after divorce, it is also not uncommon, especially in short-lived marriages, for the spouse who purchased the ring to ask for it back. This is usually an uphill battle, as courts generally consider engagement rings to be a gift that… Read More »

Division

Temporary Property Division Orders

By Sandra Bonfiglio |

The divorce process can be complicated and time-consuming, especially for couples who have a contentious relationship or who have significant and diverse assets that are difficult to divide. Parties to a divorce are permitted to try and save time and money by negotiating a property settlement out of court. However, this isn’t always possible,… Read More »

DivorceMoney

Protecting Your Finances During Divorce by Dividing Debt

By Sandra Bonfiglio |

Divorce can be an emotional and stressful time in a person’s life. However, it’s important that divorcing couples refrain from letting this distract them from protecting their finances, especially for those who are in debt. Failing to take certain precautions can have devastating consequences for the parties involved who could find themselves struggling to… Read More »

DivDecree

How to Ensure that Your Inheritance Remains Separate Property

By Sandra Bonfiglio |

In most cases, any property obtained by a couple after marriage is considered to be a marital asset. There are, however, exceptions to this rule. For instance, certain gifts and inheritances received by one spouse during a marriage often remain separate property and so remain in the sole possession of the original owner. The… Read More »

BusLoss

Operating the Family Business After Divorce

By Sandra Bonfiglio |

Going through a divorce raises a host of issues that couples must deal with before their marriage can officially be dissolved. These issues range from how assets will be divided and how parental responsibilities will be shared to who will retain the family home and whether one party will receive spousal support. Juggling these… Read More »

Pet

Who Gets the Family Pet in a Divorce?

By Sandra Bonfiglio |

Although many states have passed legislation that specifically applies to pet custody during divorce, the Florida Legislature has not done so. This means that under the law, pets are still considered to be property, which means that, like the rest of a couple’s marital assets, they are also subject to equitable division. Fortunately, couples… Read More »

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 »

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