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Category Archives: Asset Distribution

HiddenAssets

What Happens if My Ex Hides Assets During our Florida Divorce?

By Schwartz | White |

It’s no secret that many divorces are contentious, but some spouses make the entire process worse. Some unscrupulous people attempt to hide assets from their spouse in hopes they won’t be subject to distribution during the divorce. This is not only illegal, but it can result in serious consequences. How to Uncover Hidden Assets… Read More »

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Div7

What to Know About Dividing a Business in a Divorce

By Schwartz | White |

During a divorce, both assets and liabilities will be divided between the spouses. This process is called equitable distribution. The court will determine which assets are marital property and which ones are separate property, and then they distribute marital assets between the parties. If you own a business with your spouse, this will be… Read More »

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Gift

Do you Have to Give the Engagement Ring back in Florida?

By Schwartz | White |

One of the most common questions when a couple breaks up is who gets to keep the engagement ring? Does the recipient have to give it back to the giver? What about if the break up occurs after they are already married? Much like other jurisdictions, Florida considers engagement rings to be a conditional… Read More »

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Divorce5

Why Forensic Accountants are Important in a Divorce

By Schwartz | White |

Divorces are already a difficult and emotional process, without the added challenge of trying to agree on asset division and ensuring your soon-to-be ex-spouse is not misrepresenting their income or hiding other marital assets. It may seem like it should be a fairly straightforward process; however, some unscrupulous spouses may start hiding assets when… Read More »

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Tax5

Division Of Student Loan Debt In A Divorce

By Schwartz | White |

As a general rule, debts incurred during a marriage are treated just like assets acquired during the marriage and divided equitably between the spouses in a divorce. When it comes to student loan, it may surprise spouses who are going through a divorce to learn that they may both be responsible for paying the… Read More »

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Money2

Personal Injury Awards And Workers’ Compensation As Marital Property

By Schwartz | White |

Most funds that are paid or received by a spouse while still married are often considered marital property and subject to being divided in a Florida divorce through equitable distribution. There are exceptions to this general rule depending on the source of the funds, and whether there are other agreements in place, for example… Read More »

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HiddenAssets

Hiding Marital Assets In A Florida Divorce

By Schwartz | White |

As part of the equitable division of marital property that happens when a couple goes through a divorce in Florida, each spouse has to make a financial disclosure of all assets. Some people do not always want to cooperate with this disclosure or to share all their assets with their soon to be ex-spouse…. Read More »

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DivDecree

Dividing A Business After A Florida Divorce

By Schwartz | White |

One marital asset that can prove to be difficult to divide in a divorce is ownership interest in a business. Whether a couple owns and runs a business or simply owns an interest in the business, if the interest in the business qualifies as a marital asset, it has to be divided along with… Read More »

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House1

Selling Your Home While Going Through A Divorce

By Schwartz | White |

For a couple, agreeing on when to put a house up for sale can be difficult because they may not agree on what time best suits the family and takes advantage of a good market. When the couple is going through a divorce, making this decision becomes more difficult. Divorce brings in more issues… Read More »

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Acquiring Separate Property After Marriage

By Schwartz | White |

When it comes to the division of property in Florida during a divorce, the court usually divides the property in an equal manner unless it can determine by looking at certain factors that another kind of division is more appropriate. This division applies to marital property only, which usually means property that was acquired… Read More »

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