Tag Archives: Florida division of property
What to do Financially in a Florida Divorce?
Although no one plans on getting divorced, life happens. Between understanding laws, assessing your finances, getting professional help, building toward a secure financial future, and considering all the parties involved, it can get financially messy. If you find yourself needing guidance through your divorce, follow these steps to cover your bases and protect your… 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 »
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 »
Navigating Divorce While Serving in the Military
Anyone with connections to military service knows about the sacrifices such a commitment requires of both the individual in the military and his/her family. Being away from home and loved ones for extended periods with restricted communication is likely to create stress in close relationships and can loosen the bonds of married couples. This… 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 »
Bankruptcy and Divorce
Financial problems are often a complication that may have added to the stressful causes of a divorce. Divorcing couples who are deeply in debt may wonder whether they should file for bankruptcy before or after they dissolve their marriage. There is no “one size fits all” answer because there are so many factors that… Read More »
Supreme Court of Florida Weighs in on Waivers in Hahamovitch v. Hahamovitch
A prenuptial agreement can be an effective tool for two people to settle the division of assets upon the dissolution of the marriage. Prenuptial agreements can be complex agreements that should be approached with great care and diligence. Both parties to the agreement should have a full understanding of the subject of the agreement… Read More »
When Your House is No Longer Your Home
After years of marriage, your home may be one of, if not the most, significant assets owned by you and your spouse. When facing a divorce, the disposition of the marital home will be a critical issue and dependent upon a variety of circumstances. Under Florida law, the judge presiding over the divorce will… Read More »
What’s Mine is Mine…Right?
One of the standard tasks in any Florida divorce involves separating the couple’s property. In some cases, the parties are able to accomplish this by agreement; that is, they determine themselves which one of them will take a particular piece of property. Where there is no agreement, the judge hearing the divorce action will… Read More »
