Category Archives: Property Division
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 »
What Is Marital Property?
When it comes to divorce in Florida, there are specific laws that govern what does and does not qualify as marital property. This is an important distinction because under state law, it is only marital assets and not separate property that must be divided equitably upon divorce. Read on to learn more about what… Read More »
A Few Questions To Ask When Deciding The Fate Of The Marital Home During Divorce
There are a lot of different things that couples need to discuss when they decide to file for divorce, one of which is who (if anyone) will remain in the marital home. While putting a home up for sale and dividing the equity often proves to be the best choice for divorcing couples, there… Read More »
Dividing A 401(k) Account During Divorce
Splitting up marital assets often proves to be one of the most difficult aspects of divorce, especially when the nature of those assets is complex. For example, 401(k) accounts are often held by only a single spouse, but could still be subject to division upon finalization of their divorce. Fortunately, there are a number… Read More »
What Factors Are Considered During Equitable Distribution?
If you live in Florida and are considering divorce, you probably have a lot of questions about the kinds of issues you’ll encounter during divorce, including how your assets will be divided. You may be asking yourself who gets what and which assets are even subject to division. The answers to these questions will… Read More »
When Separate Property Becomes Marital Property
In Florida, divorcing couples can’t legally end their marriages until they have contended with a number of related issues, like property division. Under the laws of the state, only marital assets, or assets acquired during the marriage, must be split upon divorce. Separate property, or assets acquired by either party before the marriage took… Read More »
Could I Lose My Family Heirlooms In Divorce?
Dividing marital assets often proves to be one of the most difficult aspects of divorce, with many couples wary of losing their personal assets or valuable family heirlooms. Fortunately, there are strict rules in place that can help divorcing couples protect their personal property in the event of divorce. Separate Property is Protected One… Read More »
