Category Archives: Property Division
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 »
Tips For Reaching A Property Division Settlement Outside Of Court
Whether a couple can reach an agreement on how to divide their assets without court intervention will depend on the particular circumstances of the family involved. If, for instance, a couple has a relatively amicable relationship, then it is entirely possible that, with the help of attorneys, they would be able to come up… Read More »
Identifying Hidden Assets During Divorce
When a couple decides to divorce in Florida, both will be required to provide full financial disclosures to the other. These disclosures help ensure that both parties are aware of the entirety of the other’s assets and debts, which in turn, helps ensure that any eventual property settlement is fair. Unfortunately, not all spouses… Read More »
Creating An Inventory Of Your Marital Assets
Dividing assets during divorce can be a daunting prospect. Fortunately, there are steps that couples can take to help make the process easier, including creating an accurate inventory of both their marital property and their separate assets. The former should include all assets acquired during the marriage, regardless of which spouse purchased or received… Read More »
What Is Equitable Distribution?
Each state has its own system for dividing up a couple’s property upon divorce. Some states, for instance, use a community property standard, which means that divorcing couples must split all of their marital assets 50/50. Florida, on the other hand, adheres to the equitable distribution standard, under which couples receive a fair and… Read More »
Obtaining A Divorce In An Expensive Housing Market
The real estate market is constantly fluctuating, which can put couples in a tough spot when it comes to dividing real estate during divorce. Low inventory and an increase in housing prices in Florida could, for instance, encourage divorcing parties to sell, or could make them wary of doing so out of fear that… Read More »
The Role Of Financial Disclosure Forms In Your Florida Divorce
In Florida, couples who are seeking a divorce must submit certain financial information to the court before their dissolution proceedings can move forward. Both spouses must, for instance, complete a Family Law Financial Affidavit, which helps make the divorce process as transparent as possible not only to the court, but to the parties involved…. Read More »
