Category Archives: Property Division
Who Keeps The Car In A Florida Divorce?
A lot of married couples pool their resources and property when they tie the knot, which means that over time, they are often able to achieve a higher standard of living with their dual incomes. Unfortunately, when couples end a marriage, they must usually adjust that standard again, as not only will their household… Read More »
What Debts Are Subject To Division During Divorce?
It’s not uncommon for those who get married to pool the majority of their assets. This may eventually involve purchasing a home together, buying a shared car, or even just depositing paychecks into the same checking or savings account. In addition to these assets, many couples also start sharing debt, using shared credit cards… Read More »
5 Things To Think About When Deciding Who Gets The Family Home In A Divorce
For many couples, the family home is their most valuable asset, which can complicate things for those who decide to get divorced. We’ve included a few things to consider for couples trying to determine who, if anyone, will retain the family home after divorce. Property Value One of the most important factors couples will… Read More »
How The Active Appreciation Of Non-Marital Assets Could Affect Your Property Settlement
When one spouse owns property prior to a marriage, then that particular asset is typically classified as his or her separate, or non-marital property (as long as that person doesn’t take steps to convert the property into a jointly owned asset). Property that is categorized as separate remains in the sole possession of the… Read More »
The Intentional Dissipation Of Assets During A Florida Divorce
Financial issues are common during divorce, with couples often unable to agree on how they will fairly divide their marital assets. In some high-conflict cases, one spouse may even try to rob the other of some property by intentionally spending an asset, transferring it to a third party, or attempting to hide it. When… Read More »
Do I Have To Share My Inheritance If I Get Divorced?
Before a couple can get divorced in Florida they must first decide on how they will divide their marital assets, or the property they acquired during the course of their marriage. Generally, any asset acquired by either spouse will qualify as marital property as long as it was actually obtained after the marriage took… Read More »
Protecting Your Assets During Divorce
Divorce can be a legally complex process. One of the most confusing aspects (for divorcing couples) often proves to be the division of assets. Understanding Florida’s property division laws is critical to helping divorcing couples get a handle on what they can expect this process to look like. Read on to learn more about… Read More »
Understanding QDROs
When couples divorce, they must decide how to divide up all of their assets. This includes not only personal possessions, bank accounts, and the family home, but also things like retirement assets. Splitting up these kinds of assets, however, can be complicated and when an employee retirement plan is involved, also requires a QDRO…. Read More »
Business Valuation In Divorce
Dividing assets often proves to be one of the most difficult aspects of divorce. The situation can become even more complex when one of the assets that a couple owns is a business. In these cases, a business valuation will play a crucial role in helping the parties reach a fair agreement on how… Read More »
Can I Be Held Responsible For A Former Spouse’s Student Debt?
One of the most common questions we hear from divorcing couples is whether both parties will be held equally responsible for paying off one person’s student debt once the divorce has been finalized. The answer to this question will vary depending on the specific circumstances of a couple’s case. In some instances, both parties… Read More »