During divorce, a couple will probably divide their retirement assets. Sometimes, the Florida court will give all the assets to one party. Either way, both spouses should understand asset division rules during a divorce. The rules change depending on whether the...
The concept of equitable distribution in Florida
When you're getting divorced in Florida, the court will divide all the property you gathered during your marriage. Under state laws, the judge will find the fairest way to distribute your assets between you and your spouse. Here's a deeper look at the concept of...
How to negotiate a gray divorce settlement in Florida
If you are a middle-aged couple and your marriage has been on the rocks for a while, you might be considering a gray divorce. Among other things, you will need to agree how to divide assets and debts as you go your separate ways. There are some things you need to do...
What to keep in mind when negotiating a divorce settlement
Florida residents who have decided to seek a divorce might expect the division of assets to be complex. However, they can prepare for the process to minimize disagreements and tension in the future. Organize before negotiations begin Going into negotiations without...
How to negotiate during a divorce
Many Florida couples do end up negotiating with each other when they are going through a divorce. In fact, some individuals can be successful at getting what they want without having to fight with their ex. This is how to properly negotiate a settlement agreement....
Cashing out your portion of a 401(k)
As you look to the future set to accompany the conclusion of your divorce proceedings in Florida, you may suddenly develop concerns about immediate financial obligations (particularly if you were not the primary income earner in your marital home). You may need money...
Should you give up your house after the divorce?
The stay-at-home parent traditionally keeps the home and continues to raise the children after a divorce. However, this is rapidly changing. Changes to social norms and court treatment of alimony may prompt you to question whether you should keep the home or allow...
Is holding on to an expensive marital home worth it?
Deciding what to do with your marital home is an issue you will likely have to resolve in your upcoming divorce. For various reasons, like sentiment or the desire to raise your children in the house they grew up in, you might want to keep the marital home after your...
Gaining perspective: Should SAHMs get half the marital property?
As an equitable distribution state, Florida divides property equitably during a divorce. What this means is that the judge will consider each spouse’s contribution to the marriage and divvy up assets, money, property and debt accordingly. When both parties work, the...
Will having separate bank accounts protect you in divorce?
Unlike most married couples, you and your spouse have separate bank accounts. Now that you and your husband or wife have decided to divorce, you wonder if your unconventional approach to marital finances may speed up your split, allowing you to start the next phase of...