When couples without children decide to get divorced, their main focus is likely on dividing assets. They have purchased things together, such as homes, cars, home furnishings, musical instruments, art collections and much more. They need to divide all of their...
Divorcing couples don’t need to fight over retirement resources
Some people approach divorce as an adversarial process. They assume that they have to fight to get what they deserve. However, state statutes in Florida already protect people from highly unfair divorce outcomes. The state requires an equitable distribution of...
What non-marital assets can spouses retain after divorce?
There are several ways in which a divorce can impact a spouse's finances. The first is through direct costs. People have to pay for legal representation and time in the courts. In some cases, one spouse may have to provide financial support to the other. Orders of...
How are luxury assets divided in Florida?
Dividing luxury assets in a Florida divorce can be complex. High-value items like real estate, art, yachts, and jewelry often require special handling. Florida follows equitable distribution laws, meaning assets are divided fairly, though not necessarily equally. What...
How long do you have to be married to get half of retirement?
Dividing retirement assets during a divorce can get complicated, especially for high-asset couples. The length of your marriage plays a major role in the division of retirement accounts. Knowing how the law works can help couples reach a fair agreement without...
Are separate bank accounts marital property?
In high-asset divorce cases, the question often arises whether separate bank accounts qualify as marital property. Florida follows equitable distribution laws. This means assets acquired during the marriage are typically divided, regardless of whose name is on the...
Property division and the length of a marriage
In a high-asset divorce, the division of marital property can be a complex issue. One factor that can significantly impact the division of assets is the duration of the marriage. Those getting divorced should realize that the length of time a couple has been married...
The division of retirement accounts in Florida
When couples decide to part ways in a cooperative divorce, dividing retirement accounts can seem daunting. In Florida, the law views these accounts as marital property if accumulated during the marriage. This means both parties have a right to a fair share....
3 assets that can complicate property division negotiations
One of the most challenging aspects of a Florida divorce is the need to divide property between spouses. Asset division is challenging in many marital circumstances. While state law requires the fair or equitable division of both property and debts, it is common for...
Taking a look at qualified domestic relations orders
Divorce can be a complicated process, especially when it comes to dividing assets like retirement accounts. One important tool that is often used in divorce proceedings to divide retirement accounts is a qualified domestic relations order. Those getting a divorce may...