One of the most challenging things people who are going through a divorce have to do is divide their marital estate. In order to do this properly, there must be a comprehensive list of all assets and debts acquired and otherwise utilized jointly during the marriage....
The more resources people have, the easier it is for one person to misrepresent financial reality to the other. Hidden assets can be a serious complication during divorce proceedings. Locating assets that one spouse attempted to hide can be a challenge. Spouses who...
You may own cryptocurrency, digital tokens or online trading accounts. When divorce enters the picture, those assets can raise new concerns. In Florida, courts review property under an equitable distribution system. Under this system, the court reviews marital...
Dividing assets in a high-net-worth divorce is a complex process. If you own a business, luxury real estate or valuable collections, it may not be clear how courts determine their value. Understanding Florida’s valuation process can help you prepare and plan your next...
Facing a high-asset divorce can be complex. The distinction between separate and marital property becomes blurry due to commingling and transmutation. Understanding what these mean is essential to drawing the line on what is yours. Blurring the lines of ownership...
In Florida divorces, “hiding” wealth rarely stays hidden for long. The equitable-distribution statute requires the court to identify and set apart nonmarital assets. The analysis starts from a 50/50 split of marital assets, and then, family courts adjust according to...
If you have a high income or own many assets, you may be concerned about the impact divorce could have on your financial stability. This is understandable, since divorce involves the equitable distribution of marital property, which means marital property is fairly...
Dividing marital property in a Florida divorce often includes retirement funds. Since Florida is an equitable distribution state, property such as retirement funds must be divided fairly. Sometimes this means each spouse keeps their own retirement funds if they are...
Divorce can be intricate, particularly when it comes to splitting up assets and debts. The situation becomes even more tangled if either spouse or both have a stake in a business. In Florida, understanding how business ownership affects divorce proceedings is crucial...
Your spouse makes a lot of money and you’ve sacrificed your career to support them and raise your children. Now that you’re getting divorce, it might feel fundamentally unfair that they get to retain their financial security while you’re left to figure out how to live...