Tag Archives: Florida Property Division
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 »
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 »
Operating a Family Business in Divorce
Divorce throws a lot of things into upheaval – where/how to live, sharing custody of a child, and finances being the most common. Often, one spouse will need to either return to work or find a job that pays more to replace lost income. The need to juggle the emotional and financial implications of… Read More »
Who Gets to Keep the Ring in a Divorce or Broken Engagement?
Rings and other jewelry given to commemorate or symbolize the marriage of two people naturally create a lot of emotional attachment for both the giver and receiver. These items are usually quite expensive, and in some relationships, represent the most valuable piece of property either person owns. Thus, when a ring is presented to… Read More »
