Financial questions are some of the first to pop up when considering a separation or divorce. Usually, finances are shared during a marriage. Many couples share joint bank accounts, credit cards, and investment accounts. When a separation occurs, couples often scramble to figure out how...
One element of divorce in the state of Florida is the process of dividing property that was accumulated by both spouses during their marriage. That includes cars, clothes, house, and the various personal property that are to be divided between the parties. Some of the...
As we have discussed in a prior post, adultery is technically illegal under Florida Statute §798.01. In divorce proceedings in the State of Florida, however, adultery typically only plays a small role in divorce proceedings as Florida is a "no-fault" state. However, while infidelity usually does not...
In approximately 9 states, Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin (with Alaska offering couples the option to opt into the system), property ownership follows a system referred to as community property. The division of property and assets during a divorce...
Inheritances can be amassed from a variety of sources, and they often include generous gifts given by parents or grandparents. In order to protect these assets, in a Florida divorce, we must be able to establish the inheritance as "extra-marital" property. What might be considered...
Dividing assets can often be a point of conflict in any divorce. After being married for a number of years, it can be difficult to determine how marital property should be divided. The lines of ownership are often blurred. Because of this, equitable distribution is...
While not the first question that is usually asked, after a while, our clients start to wonder what will happen to certain property when we start to divide the marital estate. One question that a client may ask is "What happens to that luxury vehicle that...
Financial Affidavits Mandatory in Florida Divorces In most cases, soon after we bring a new client in, we ask questions that lead to the completion of one of two different Family Law Financial Affidavits. This form is used to put the other party on notice of your...
How Does Spousal Support (Alimony) Work? Florida family courts do not have a set equation that they can use in order to compute whether (or not) one party will receive spousal support, they do (however) have to review several factors (set forth in statutory guidelines) to determine a spouse's eligibility...