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Category Archives: Property Division

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Avoiding Fights Over Property Division During Divorce

By Sandra Bonfiglio |

Whatever led to the breakdown of your marriage, the reality is that getting a divorce will change your life in drastic ways. Issues surrounding property division can cause the greatest amount of stress, as how they are resolved can have a significant impact on a person’s financial status upon divorce. Fortunately, there are things… Read More »

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Dealing With Cryptocurrency During Divorce

By Sandra Bonfiglio |

While cryptocurrency used to be considered a fringe technology by many, this is no longer the case. Rather, cryptocurrency is treated as a real asset that can be used by companies, investors, and banks. Digital currency, like any other asset, is divisible upon divorce, so if you or your spouse own cryptocurrency and you… Read More »

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How Are LLCs Treated In Divorce?

By Sandra Bonfiglio |

There are a number of factors that dictate whether or not a divorce will be particularly contentious. A couple’s willingness to negotiate and general ability to get along, for instance, is a major determining factor in how long a divorce will take and whether the parties will need to litigate the case. The types… Read More »

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Factors That Could Affect How Your Assets Are Divided During Divorce

By Sandra Bonfiglio |

Obtaining a divorce is rarely a completely painless process. There are certain aspects of divorce, however, that tend to be particularly complicated. Deciding how to split up marital assets, for instance, is notorious for causing disagreement and conflict. Having a thorough understanding of the facts that could affect how your own assets are distributed… Read More »

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Do Assets Acquired After Filing For Divorce Qualify As Marital Assets?

By Sandra Bonfiglio |

The answer to this question is more complicated than it seems, as Florida courts generally use three dates when classifying marital assets and debts. The first is the date on which the parties executed a separation agreement, while the second is the date agreed upon by the parties in such an agreement. If, however,… Read More »

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Three Divorce Tips For Florida Business Owners

By Sandra Bonfiglio |

For business owners, divorce often comes with an additional layer of legal complexity. Couples will, for instance, only be able to finalize their divorce when they have decided who will retain the asset and if both parties’ want to retain an interest in the company, who will be responsible for managing it. This process… Read More »

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Are You Concerned About a Hidden Bank Account?

By Sandra Bonfiglio |

The divorce process requires that couples contend with a number of important issues, with property and debt division often making their way to the top of the list. While many spouses are honest with each other regarding their assets, some fail to fully disclose what they own, which can significantly affect the fairness of… Read More »

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How a Postnuptial Agreement Can Make Property Division Easier

By Sandra Bonfiglio |

Postnuptial agreements have become increasingly popular amongst married couples in Florida who wish to clarify their duties and obligations in the event of separation. These contracts can go a long way towards helping couples make it through the property division stage of divorce with less conflict and confusion. However, this is only true if… Read More »

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Terminating Beneficiary Designations Upon Divorce

By Sandra Bonfiglio |

While life insurance policies help provide financial security to a policyholder’s loved ones upon his or her death, they can also cause confusion when a couple decides to divorce. For instance, many people choose to list close relatives like spouses as their beneficiaries on these policies. Although this can be advantageous during marriage, it… Read More »

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Do I Need a Property Appraisal for My Home?

By Sandra Bonfiglio |

For many of us, our homes are one of our most valuable assets, which makes any determinations related to home ownership extremely important during divorce proceedings. Before deciding whether one spouse will be permitted to retain the exclusive use and ownership of the residence, how the other party will be compensated, or whether the… Read More »

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