Many people in the Fort Myers area either own or co-own a prosperous business. Often, a person’s interest in a privately held business ranks among their most valuable property. South Florida residents may also have some emotional attachment to their business...
During your marriage, you and your spouse may have invested in several expensive art pieces and other collectibles. If you are getting a divorce, it can be difficult to determine who should keep which items. Art pieces can be highly valued for emotional reasons, as...
Florida law calls for divorcing couples to divide their marital property equitably, meaning in a way that meets standards of fairness under state law. This process is known as property division, and it's often the most technically difficult aspect of a divorce. And,...
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...
