Category Archives: distribution of assets and debt
Retirement Social Security Retirement Benefits in Divorce?
Retirement and Social Security benefits usually play a large role in a person’s long-term financial planning and stability. Anyone experienced with divorce will know that this event upends many financial goals, and requires most couples to make drastic changes to their standard of living and monthly budgets. Depending on a person’s age and capacity… Read More »
Handling Retirement Funds in a Divorce
Divorce comes with many decisions, some more complex than others. Some of the most difficult decisions revolve around distribution of assets. In Florida, property and other assets acquired during the marriage are considered marital assets, belonging to both parties. This generally includes any retirement assets accumulated in retirement or pension accounts. Many couples fail… Read More »
Resolving a High Net Worth Divorce
Going through a divorce is never easy. However, it often becomes much more complex and difficult when the couple has a high net worth. A high net worth divorce is usually complicated because the parties may have many investments and other assets that need to be accounted for and possibly divided in the divorce… Read More »
What Happens when a Divorcing Couple Owns a Business?
When a couple divorces, Florida law requires that all of their marital property is divided equitably between them. Some types of assets and property are easier to divide than others. For example, liquid assets in bank accounts may simply be split between the spouses. However, other marital property, such as the family home, furniture,… Read More »
Social Media May Impact the Disposition of Your Florida Divorce
Marital issues or conflict can be emotionally troubling, and sometimes people tend to act out of character when having issues with their spouse or significant other. Individuals may engage in behavior in which they normally do not, such as going out with friends to bars or nightclubs or spending money irresponsibly. Often, these and… Read More »
What Factors does a Court Consider when Awarding Florida Alimony?
The end of a marriage can be a trying time, both emotionally and financially. For many people, fundamental aspects of their daily life will change dramatically, including where they live, how often they see their children, their day-to-day routine, and even whether or not they have a job. In some cases, one of the… Read More »
Question: Is it premarital property?
QUESTION: I bought my house 5 mos before I got married, now 18 years later I want to get a divorce, is my husband entitled to 1/2 of house -the house is payed for, and I am divorcing him because he is an alcoholic and spends all his money on drinking – I always… Read More »