Property Division

How is credit card debt divided in a divorce?

While many Florida residents may realize their assets will be divided during a divorced, they forget that their debts will also be divided between them. Property division, whether it be assets or debts, sets the divorcing couple up financially for the future, which is...

How can non-marital property become a gift?

Spouses considering divorce will face a number of difficult issues which need to be resolved. Property division can be among the most complex of these issues. Sometimes the spouses will agree on how assets should be divided, but oftentimes the nature of an asset and...

Scrutinizing cryptocurrency may be key with property division

Property division is the foundation for many family law disputes in Florida. Often, this is connected a home, automobiles, items of sentimental value, bank accounts, retirement accounts, a business and more. However, people who are trying to hide assets as part of an...

What to expect from property division during divorce

Preparing for the property division process during divorce can carry with it some apprehension. To help ease those concerns, it is helpful for divorcing couples to be prepared with what to expect and how property division is determined during divorce. Equitable...

How divorce can affect insurance coverages

Beyond the emotional toll that divorce takes on everyone involved, there are also pragmatic issues that need attention in order to ensure financial security once the divorce is final. Not only will all parties have to settle property division, custodial arrangements...

Prenuptial agreements prevent property disputes in divorce

When a Florida resident is happily in love and planning their wedding, it is difficult to imagine themselves splitting up. However, the sad reality is almost half of all marriages fall apart due to various reasons. Unfortunately, a divorcing couple is not likely to...

Business plays a role in divorce

Spouses must seek information from their former spouses and locate and value their assets during a divorce. Some information, however, may be difficult to find. Traditional and, with increasing frequency, non-traditional compensation plan from a soon-to-be former...

Classifying marital and separate property during divorce

As you navigate your divorce, you may find that dividing up your assets is one of the more challenging parts of the process. Many people bring a significant number of assets into the marriage and end up accumulating even more assets as a couple during the marriage....

Why should I enter into a postnuptial agreement?

Many Florida couples about to get married may have avoided talking about a prenuptial agreement because they didn’t want to rock the boat. They didn’t want to mar a joyous occasion by discussing how their assets would be distributed in case the marriage didn’t work...

Three options for dividing the family business in a divorce

Owning and operating a family business in Fort Lauderdale can be a lucrative endeavor and a point of pride and tradition. However, sometimes a couple’s marriage is not as successful as the family business and they will decide to divorce. If so, they will have to...