How do you divide your house during divorce?
When dealing with divorce, asset division often causes the most trouble. This is especially true if you have a large amount of assets, like multiple properties or bank accounts. Even one single house can cause you trouble, though. One of the first questions you may have is: how do we divide our house in a […]
What struggles are unique to grey divorcees?
Across the board, divorce rates have continued on an upward trend in recent years. This holds true for almost every age group, including people aged 50 and up. If you decide to get a divorce while in that age bracket, you may hear the term “grey divorce” or “grey divorcee” thrown around. As a grey […]
Can you get payment early during divorce?
Life does not stop when you file for divorce. You still have personal needs and desires. Unfortunately, these things cost money. Rather than make unnecessary sacrifices or strategic missteps, you might be able to go through official channels to get the money you deserve when you really need it. The law of the land Florida […]
Liability for student loan debt in a divorce
Unlike many debts consumers hold, a student loan debt is held in one person’s name only even if the borrower is married at the time the loan is applied for and received. However, the mere fact that only one spouse’s name appears on a student loan does not mean that person alone must repay the […]
What does marital property entail?
When you file for divorce in Florida, there are many issues you must negotiate before finalizing the divorce settlement. For some couples, dividing marital property may be one of the most complicated and overwhelming. Although determining who should receive what can lead to strong emotions, it is critical for you and your spouse must disclose […]
What are signs a spouse may be hiding assets?
If you and your spouse decide to end your marriage, you would want your separation to be as honest and transparent as possible. But some spouses recoil at the thought of handing over assets as part of property division and will try to hide as much as they can. To help ensure that your spouse […]
Will a separate bank account protect my money in a divorce?
It is becoming more common for married couples to keep separate bank accounts instead of creating a joint account. It seems to be a trend for younger couples who like to keep finances separate and each maintain control over their own money. However, if you have separate bank accounts and you end up getting a […]
Divorce, property division and family businesses
Recently on this blog we discussed how marital homes can be dealt with during the divorce process. Dividing assets like the marital home can be challenging given the value and the emotions attached to them. Yet, an individual cannot let sadness or anger blur their vision when it comes to property division. If they do, […]
Dealing with a marital home during property division
There are many legalities that must be addressed during the divorce process. Child custody, child support and alimony often take a lot of attention, but the outcome of property division can be crucial to one’s financial position post-divorce. Although Florida recognizes equitable division of marital property, this does not mean that marital property has to […]