Category Archives: Property Distribution
How to Ensure that Your Inheritance Remains Separate Property
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 »
Operating the Family Business After Divorce
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 »
Who Gets the Family Pet in a Divorce?
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 »
Dividing Debts During Divorce
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 »
How are Retirement Funds Divided in a Divorce?
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 »
Spousal Gifts
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 »
High Net Worth Divorces
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 »
How are Retirement Funds Divided During a Divorce?
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 »
Dividing Credit Card Debt
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 »
Who Gets the Family Home in a Divorce?
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 »
