Category Archives: Property Distribution
Personal Injury Awards And Workers’ Compensation As Marital Property
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 »
Handling Ownership Of Pets As Part Of A Florida Divorce
Most pet owners consider their pets a part of their family, and in a divorce, the thought of losing a beloved pet can cause a lot of distress. Many divorcing spouses are not aware of the status of their pets under the law, and how they can continue to share the pet after the… Read More »
What Happens to the Engagement Ring in a Divorce?
Most marriages begin with a proposal and an engagement ring. In some cases, the engagement rings are heirloom pieces passed on for generations. When the marriage breaks down, the spouse who proposed with the heirloom ring may wonder if he can have the ring returned as part of the divorce. Whether property is divided… Read More »
Hiding Marital Assets In A Florida Divorce
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 »
Selling Your Home While Going Through A Divorce
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 »
Handling College Savings Accounts After A Divorce
Many parents who save for their children’s college expenses do so through an investment account such as a 529 College Savings Plan. The parents make contributions to the account and the money gains interest with the total fund designated for the future educational expenses of the children. If the parents get divorced, a question… Read More »
Keeping The Family Home After A Divorce
There are many changes that a couple and their children go through when the parents decide to divorce. The children need stability and constancy to help them with the major change they are going through. For this reason, one of both parents may want to hang on to the family home after the divorce…. Read More »
Division Of Retirement Assets In A Florida Divorce
Retirement accounts, like all other assets that qualify as marital property, are divisible assets in a Florida divorce. This means that retirement benefits that were acquired after a marriage can be equally distributed between divorcing couples, even if the account was started or opened before the couples were married. The benefit that is considered… Read More »
Acquiring Separate Property After Marriage
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 »
Why it is Important to Understand Tax Implications Before Settling
Celebrity divorces can get pretty ugly for two reasons: 1) they are in the spotlight, and 2) they have a substantial amount of assets that need to be fairly divided. Johnny Depp’s and Amber Heard’s divorce, however, is uglier than most celebrity breakups. After the divorce was finalized and a $7 million divorce settlement… Read More »
