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Tag Archives: Florida Division of Assets

DivMoney

How to Ensure a Fair Divorce Settlement

By Sandra Bonfiglio |

Each year roughly, 80,000 couples go through a divorce in the state of Florida. When a marriage is on the brink of collapse, several things may begin to take place. In certain cases, one of the individuals may scramble to try to save the relationship; meanwhile, in other instances, one or both partners may… Read More »

DivMoney

Keeping Divorce Costs Down In the State of Florida

By Sandra Bonfiglio |

What to Bring to Your First Meeting With Your Attorney – Part 2 of 2 This is part two of a two part series. In part one of the series we discussed the importance of identifying and listing all assets and debts, whether they are marital or non-marital property to bring to your first… Read More »

The Difference Between Simplified and Regular Dissolution of Marriage Proceedings: Part 2 of 2

By Sandra Bonfiglio |

This is the second of a two part series discussing the differences between simplified and regular dissolution of marriage proceedings under Florida law. In the previous article, we discussed the requirements for a simplified dissolution. Here, we pick up the discussion with a review of regular dissolution under Florida law. Uncontested Regular Dissolution Some… Read More »

Division of Property in Marital Dissolution in Florida

By Sandra Bonfiglio |

In the state of Florida, the first step in dividing property during a dissolution of marriage is to identify and separate out each spouse’s non-marital assets and liabilities. Once this is done, the court will have a clear view of the assets and liabilities which are to be divided between the couple. As a… Read More »

Choosing a Valuation Date in Florida Divorce & Property Distribution

By Sandra Bonfiglio |

Valuation is key aspect of the distribution of marital assets when a marriage is dissolved. Obviously, the court must identify and place a value on those assets before they are distributed (equitably, in Florida). While this basic concept makes sense to most people, there are first some key decisions that need to be made… Read More »

Critical Steps to (Financially) Prepare for Divorce

By Sandra Bonfiglio |

The process of getting divorced can be emotional enough on its own without also having to go through additional stress related to the financial aspects of the process. However, there are some steps that accounting experts suggest doing early on in order to protect yourself and ease your mind when it comes to managing… Read More »

Dealing With Mental Incapacity Issues in Florida Divorce

By Sandra Bonfiglio |

Currently, a unique and very complex case (Zelman v. Zelman) is working its way through Florida courts, whereby a man suffering from dementia is seeking a divorce from his (mentally competent) wife, bringing to a head many issues.The issue of what to do when a family member suffers from dementia and/or is otherwise declared… Read More »

Does the Court Split Everything 50/50 in Divorce?

By Sandra Bonfiglio |

Florida courts split assets equitably in divorce, first distinguishing between marital and non-marital property. In doing so, courts try to distribute assets equally, unless there is good reason not to. Factors Judge Considers A Florida judge will consider many factors in deciding how to split a couple’s assets in divorce, including but not limited… Read More »

Dealing with Marital Debt during Divorce

By Sandra Bonfiglio |

In addition to couples having to deal with property division when they are going through a divorce, division of marital debt is yet another issue that they must either agree upon or have a court decide on for them. Similarly to the division of property and assets, Florida courts will split up marital debt… Read More »

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