Category Archives: division of property
What Happens To A Professional Practice Business In A Florida Divorce?
Other than parenting time and other issues involving children, property division issues are some of the most contentious in any divorce. Dividing assets can become fiercely contested in any divorce case, but the potential for dispute is even greater when complex assets, such as a professional practice, are involved. Professionals in Tampa, and throughout… Read More »
Is Florida A 50/50 State In Divorce?
It is not uncommon for people to assume that when they get a divorce, each spouse will receive half of all the property they own with their spouse. This is not how the division of property works in Florida, though. Marital property is divided in half only in states that follow community property law,… Read More »
How Is Furniture Split In a Florida Divorce?
Under Florida law, all marital assets are divided fairly, although not necessarily equally, during the divorce process. This includes household items such as furniture. Clearly though, a couch or a recliner cannot be cut in half in order to be divided. So, how is furniture split during divorce? Our Tampa property division lawyer explains… Read More »
How Long Do You Have To Be Married In Florida To Get Half?
It is a common misconception that when a couple gets a divorce, they will each get half of everything. This is true in community property states, which recognize that each spouse should receive 50 percent of marital property. However, Florida is governed by equitable distribution law. Under this law, marital property is divided fairly,… Read More »
Who Gets The House in a Florida Divorce?
The divorce process in Florida involves many different processes. One of the most contentious is dividing property. Property division hearings are some of the most stressful for people, as they imagine what belongings they may lose. Of all the assets people are concerned about, one of the biggest is the marital home. A home… Read More »
How Are Assets Divided In A Florida Divorce?
Dividing assets during divorce is sometimes very challenging. When significant assets are involved, or the divorce is very contentious, it becomes even more complicated. If you are getting a divorce in Florida, it is critical that you know how assets are divided so you know what to expect and so you can try to… Read More »
Marital vs Non-Marital Assets In Divorce?
Generally speaking, only marital assets are divided in a divorce. In the simplest terms, marital property includes any assets or liabilities acquired by the couple during their marriage. Separate, or nonmarital, assets are those that one person brought into the marriage with them. In the simplest of cases, determining what assets are marital and… Read More »
What Happens To Pets In A Florida Divorce?
Pets are a part of the family, whether you own a dog, cat, fish, turtle, or another type of animal. Unfortunately, in a Florida divorce, pets are not considered part of the family. Rather, they are considered property. That means that when the divorce process is complete, only one spouse will own the pet… 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 Complexities of Dividing a Business in Divorce
Sole proprietors and small entrepreneurs make up a significant percentage of the workforce in this country, and many of these businesses were both created during and benefited from contributions from a spouse and/or marriage generally. In divorce, the law requires couples to divide their assets, absent an agreement otherwise, and businesses are included in… Read More »
