Couples who decide to divorce must decide what to do with their property. There are two types of property a couple may have. These are called separate property and marital property. Separate and marital property Separate property refers to assets that are owned by one...
When a married couple divorces in Florida, one of the first steps of the property division process is to divide any separate property from the marital property. Next, the spouses must divide the marital property under state law. For the most part, there are just these...
Getting divorced in Florida comes with all sorts of complexities, especially when it comes to the division of high-value assets, such as your home. You and your spouse can choose to sell your home and divide the profits. Or one of you could choose to keep the home and...
When Floridians get divorced, property division is a common problem. For people who have been lucky enough to have a successful life, a high-asset divorce is even more complicated. The law says that property will be equitably distributed. Since it strives for fairness...
Florida is a landing spot for many wealthy people because of its agreeable climate and tax-friendliness. With that, there are instances in which people who have been fortunate enough to accrue major wealth will experience marital problems leading to a divorce. One of...
Married couples in Fort Myers often take on different responsibilities in their daily lives for the betterment of both them and their family. One spouse might do the cooking while the other spouse does the laundry. On a bigger scale, one spouse might work outside the...
In any marriage breakup, custody determinations and the division of marital assets are usually two of the most contentious issues. For the Florida business owner, there is an extra layer of complexity in how a divorce affects business when it comes to the financial...
In some Florida divorces, both sides agree on the need to part ways and are able to amicably negotiate the issues. Other cases, however, are more contentious and the sides are unable or unwilling to negotiate and agree on various matters. With a contested dissolution,...
Anyone in Florida who is contemplating a divorce or who is at the beginning stages of a divorce has probably heard the term, "equitable distribution," when it comes to the property division part of the case. The legalese-sounding term may seem straightforward enough,...
There are probably more people in Florida who have heard divorce horror stories than there are those who have heard of divorce cases that go smoothly. However, as long as the divorcing couple is able to focus on the issues that need to be addressed -- while keeping...
