Category Archives: Property Distribution
Who Gets the Vacation Home? Dividing Real Estate Beyond the Marital Home in Boca Raton
The marital home usually gets all the attention in a divorce, but what about that condo in the Keys, the ski cabin up north, or the beach rental you have been collecting income from for years? Second properties have a funny way of getting overlooked in early conversations, right up until someone realizes they… Read More »
Not So Untraceable After All: How Hidden Cryptocurrency Can Complicate Property Division in a Florida Divorce
Somewhere along the way, a rumor took hold that cryptocurrency is basically invisible money, the financial equivalent of a Swiss bank account tucked inside your phone. If your spouse thinks that logic will work in a Florida divorce, they might want to reconsider. Blockchain technology, ironically, keeps a permanent public record of practically everything,… Read More »
The Court Might Let You Stay In The Marital Home Only Until The Youngest Child Turns Eighteen
The parents of young children say that the days are short but the years are long. One day with a preschooler involves more noise, tantrums, unanswerable questions, snack requests, wardrobe changes, heart-melting cuddles, and cleaning of messes than you ever thought possible before you had kids, but the days when the same child that… Read More »
Are Gifts From Extended Family Members Marital Property?
If you get divorced, then you have to divide your marital property with your ex-spouse, but you get to keep your separate property. Florida is an equitable distribution state, so you don’t have to divide the marital property in half; instead, you can agree with your spouse on how to divide it, or the… Read More »
Even If The House Is A Non-Marital Asset, Its Appreciation In Value May Be Subject To Equitable Distribution
Pursuant to Florida’s equitable distribution laws, the Florida family courts are not in the business of nitpicking about who earned which money during the marriage or who incurred which debts. All assets acquired and income earned during the marriage count as marital property, and unless the parties agree in a marital settlement agreement how… Read More »
What to Do with the Family Home after Divorce
Splitting assets in a divorce can be an emotional process to begin with, and deciding what to do with the family home can be one of the toughest challenges. Both spouses typically have a lot of emotional ties to the property. Before you make a final decision on what to do with the house,… Read More »
Six Factors to Consider in a High-Net-Worth Divorce
At the Law Offices of Schwartz | White, our team of Boca Raton divorce attorneys specializes in couples who are facing high-income and high-net-worth divorces. It’s important to have a firm who specializes in these types of divorces because you need someone with the resources and capability to evaluate the complex and valuable property… Read More »
What to Know About a Florida Postnuptial Agreement
A prenuptial agreement is one that is drafted prior to the marriage, whereas a postnuptial agreement is one that is executed once the couple has already exchanged vows. Marital agreements are often used by parties who have a significant amount of assets, or were married previously and need to address assets or custody matters…. Read More »
What to Know About Dividing a Business in a Divorce
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 »
Florida Divorces and Cryptocurrency
Asset distribution is one of the most contested matters in many divorces. Spouses are worried about the other one getting more than they deserve, or even worse, that their spouse is hiding assets from them. Previously, spouses mainly worried about off-shore accounts or a spouse who manipulated the numbers of existing assets. Today, the… Read More »