Category Archives: distribution of assets and debt
Filing for Divorce in Tampa, Florida: Step-by-Step Guide
Going through a divorce in Tampa can be a challenging and confusing time. So many questions arise around the Tampa divorce process and the paperwork required by Florida law. However, you can confidently move through divorce with the correct information. We created this guide as a roadmap of what to expect when navigating a… Read More »
How Can You Protect Your Business During Divorce In Florida?
As a business owner, you have spent years building a successful company. If you are getting a divorce, you may think you will lose it and even just the thought is devastating. You are proud of your business, and it provides an income that has supported your family. You likely hope it will continue… Read More »
How Are Gifts Divided During Divorce In Florida?
The division of property is always one of the most complex issues in any divorce case. Under the equitable distribution laws in Florida, marital assets are divided in a fair, but not necessarily equal, manner. One of the most challenging aspects of property division is determining which assets and liabilities are considered marital, and… Read More »
What Happens If You Hide Assets In A Florida Divorce?
People sometimes attempt to obscure or hide assets during a divorce so they are not subject to property division proceedings. If you are considering doing this, it is important that you know that it could have a very negative impact on your divorce case overall. Below, our Tampa property and liability division divorce lawyer… Read More »
What Is Exclusive Possession Of The Marital Home During Divorce In Florida?
In Florida, there is no legal statute that directly addresses the issue of changing the locks on the doors or who gets to keep the home during an ongoing divorce. Whether one person has the right to keep the house depends on whether they have exclusive possession of the marital home. When a couple… Read More »
Who Leaves The House In a Florida Divorce?
Regardless of the circumstances surrounding it, divorce is always an extremely stressful process. You may not want to continue living in the same home as your spouse, and you may be considering leaving, or asking them to. Whether or not you or your spouse decides to leave the home is largely up to you…. Read More »
Can Assets Be Distributed Before a Divorce Is Final?
The repercussions of divorce do not wait for the court’s decree before exerting a substantial impact on the lives of each spouse. Once the decision to end the marriage is made, immediate consequences follow that influence all aspects of the couple’s life, from living arrangements to finances and parenting. This fallout can be particularly… Read More »
The Complications of Dividing Public Pensions in Divorce
Dividing property in divorce, particularly benefits that have not vested, and thus, will not be directly payable until a later date, present severe challenges. Spouses seeking divorce are expected, and, in most cases, required, to equitably divide marital property, unless a premarital agreement says otherwise. Spouses can disagree over which assets and liabilities should… Read More »
Home Equity Lines, Mortgages, and Divorce
Distinguishing and separating financial obligations are one of the most difficult parts of divorce. The longer a couple is married, the harder it is to figure out when and how many items of property were acquired or which funds were used to maintain them. Family homes and real estate in general is particularly tricky… Read More »
Why You May Need to Consider Freezing Assets
The finances of completing a divorce, and transitioning to what comes next, frequently require a reevaluation of how one spends money and finding new and better sources of income. The payment of child support and alimony, and division of property, become of utmost importance in this process, as these contributions are often vital to… Read More »
