Tag Archives: Division of Assets Florida
How Are Timeshares Divided During A Florida Divorce?
Under Florida’s equitable distribution laws, marital property is divided fairly, which does not necessarily mean equally, during the divorce process. Marital property includes any assets or debts a couple acquired together during their marriage. Many couples own timeshares together and these properties are also typically considered marital property. Even when the property was obtained… 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 »
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 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 »
Dealing with a Spouse Who Is Intentionally Hiding or Squandering Marital Assets Pending Divorce
Married couples spend years building up assets in the hope of gaining financial stability for their family, and this effort often requires many sacrifices to produce the desired results. Consequently, if a couple later divorces, dividing this property frequently becomes a contentious and highly litigated issue. Relinquishing control over something that required considerable effort… Read More »
Figuring Out Property Division in Divorce
Part of a couple’s effort to build a life together includes acquiring property that speaks to the couple’s success and affection for one another. The longer a couple is married obviously affects the variety and amount of property they own together, and will represent the couple’s hard work and sacrifice. Having to split these… Read More »
Key Terms Everyone Getting Divorced Should Know
Making the decision to divorce a spouse is one of the largest, hardest, and most far-reaching acts a person can make in their life. The impact of divorce goes far beyond the couple, especially if they have children, and extends to family and friends who may feel compelled to choose between the two parties…. 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 »