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...
Mandatory Financial Disclosure In many ways, getting divorced is akin to severing a contract. This means that all financial aspects of the dissolution need be resolved prior to the Florida family court granting a dissolution. Accordingly, one of the legal terms you may hear thrown around in...
Dividing Assets in Divorce: More on Equitable Division in Florida Florida law states that parties going through a divorce must equitably divide assets and liabilities. The Florida Statutes do not use "equal" distribution of assets and liabilities when a couple cannot agree on who should get what...
Retirement Accounts in Divorce In the divorce process in the Unites States, property is commonly distributed utilizing one of two methods, depending upon the state in which you live. There are nine states in the US that are "community property" states and the rest are what is known...
Debts & Divorce When it comes to divorce, Florida is an equitable distribution state. This means that all marital assets and liabilities are distributed in a manner considered to be fair. This does not mean an equal distribution. The parties can agree between themselves how the...